FX:GBPUSD British Pound/U.S. Dollar
Conducting Top down Analysis, we also have several scenarios on GBPUSD . The Daily time frame demonstrates the bears have lost . Price has been trading in a descending channel. I believer price would reach 1.5400 at least before it continues its downside ; however there are also signs of a potential 1.5500. If price breaks above 1.53400 then there is a huge possibility of reaching our TP 2.