FullTimeTrader

GPBUSD-is respecting two big corrective channels

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
414 0 14
Very interesting, in this weekly chart we see GBPUSD             is still in long term consolidation after a big decline.
Consolidation means channels and harmonic patterns .
I found this two big corrective channels that seem are containing price.
Im bearish on this pair, so i expect a final decline near 1.46000 and then a strong rebound .

Best regards.
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