Fxprotrader

GBPUSD: Channel Trading at Its Best..!

Short
FX:GBPUSD   British Pound / U.S. Dollar
Looking at the daily chart of GBPUSD, we may see that price broke below the small rising channel it was moving in after finding reistance at the upper parallel of the larger channel. In the upcoming week we should wait for a sell setup completion, like a vearish flag and sell GBPUSD aiming for the lower parallel of the larger rising channel.

I will update if a setup completes so like and follow to get any updates..!
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