DeGRAM | GBPUSD sharp decline

Updated
GBPUSD is moving in a descending channel between the trend lines.

The price has already reached the dynamic support and is now under the 62% retracement level.

We expect the decline to continue after a retest of the upper boundary of the channel.

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Trade closed: target reached
Closed +135 PIPS
Chart PatternsgbpusdanalysisgbpusdsignalSupport and ResistanceTrend Analysis

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