GBPUSD - Crashing

British Pound/U.S. DollarFXCM

Description

⋅ Oct 5, 2016 9:08 AM

Pound is crashing. How long does it go? We don't know but it's wise to have these price action patterns and resistance lines in front of you when considering to trade.

Also note the Pin bar on the 4 hourly chart

Comment

⋅ Oct 5, 2016 10:03 AM

See the Descending channel

GBPUSD