KlejdiCuni

GBPUSD | Price May Grow Up To The Resistance Again

KlejdiCuni Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD | Descending Channel

GBPUSD | Price May Grow Up To The Resistance Again

It seems that GBPUSD is creating a type of descending channel.

The chances are very high that we can see any bullish development within
the pattern before the price moves down again.

A move above the channel should expose the price to a bigger bullish correction.

Thank you and Good Luck!

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GBPUSD: The Bigger Picture as below:

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