ChrisThein

GBPUSD BEARISH SPIKE & CHANNEL 240 MIN

Short
FX:GBPUSD   British Pound / U.S. Dollar
The channel continued a lot longer than I thought. If price breaks and closes below 1.5371 on the 60 min, then I'm looking for a retest of 1.5395-1.54 to go short. Otherwise I'm sticking with my original analysis and looking to go short around 1.5488-1.55. See the prior chart I posted last week. Good luck trading.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.