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Mahdishoghli

GBPUSD analysis in 4H timeframe

British Pound / U.S. Dollar (OANDA:GBPUSD)  
Mahdishoghli  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fundamental Analysis Technical Indicators GBPUSD Fibonacci Retracement channeltrend
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trendanalysis fundamental indicator gbpusd fibonacciretracement channeltrend
According to three important factors The Fibonacci ratio, the falling of the channel roof and the recent positive US economic news in the GBPUSD chart are waiting for the correction trend to continue towards 1.3680 to 1.3635.
The price can reach the top again after touching these numbers and the price is 1.3880.
The stop loss of this position can be 1.3560.
good luck
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