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GBPUSD: Bearish Forecast

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
VasilyTrader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Parallel Channel Forex trading Technical Analysis pound dollar USD DJ FXCM Index GBP GBPUSD
55
15
trendanalysis chartpattern parallelchannel forex trading technicalanalysis pound dollar usd usdollar gbp gbpusd
snapshot

One more confirmed channel violation.

GU reached a strong 4H structure resistance.
The price has been rejected multiple times and this morning violated the support of the rising channel.

now I expect a decline to 1.6263

Comment:
target is 1.2463
sorry for the mistake
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