GBPUSD: Hammer at Support

Hello Mates,

GBPUSD could be a short term long oppurtunity. I am looking to long a bit lower with targets near the recent highs at 1.2700.

• Completed inverse head and shoulders earlier
  
• Broke the falling trend line and completed a retest to it yesterday
  
• Formed hammer at the 50-days simple moving average the broken neckline of IH&S
  

Best
Luay - Technician