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 momentum. Price has been trading in a descending channel . I believer price would reach 1.5400 at least before it continues its downside momentum; 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.
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