Profitlio_Trading

GBPUSD - Descending channel and major key level

Long
FX:GBPUSD   British Pound / U.S. Dollar
Market Instrument: GBPUSD
Timeframe: Daily
Analysis: Technical
Structure: Descending Channel, Key level and Lower boundary
Prediction: Bullish

GBPUSD is on a major key level and is also respecting the descending channel on the lower boundary. Hope this bullish reversal expected will be supporting for a breakout to form on this following channel and to continue the rally way to the upside crossing close or above 1.42

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