Traderscope

GBPUSD - A reversal of the trend is taking place

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD could show bearish signals after having failed several time to breakout the resistance of the channel. We expect that an important correction lead the pair to 1.3800 and maybe lower in the next hours/days.
A rebound on the daily uptrend in yellow is probable but it is difficult to predict what will be the strenght of this reaction.
The final target of this config is 1.37-1.3550.

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