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LimitMarkets

GBPUSD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
LimitMarkets  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
The parity price is reaching the lower band of the rising channel formation. 1.3140 will be our aim and the level to test. Considering the fundamental factors, we expect a breakout to the downside. In this case, 1.3030 will be targeted.

1.3240 will be the strong support level in the event of unexpected upside movement.
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