nick.trader4

GBP/USD Daily support channel

OANDA:GBPUSD   British Pound / U.S. Dollar
Since the price bounced off resistance in early September the pound has been in a downtrend and is approaching major support created by Brexit. Price action looks to test that 1.3 level again and continue down 100 standard pips to nearly 1.28700. The pound may start to create higher highs after this support.
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