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
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