WaveSavvyTrades

Falling Channel: Price approaching support of channel

Long
FX:GBPUSD   British Pound / U.S. Dollar
This symbol seems to be trading in a descending channel. Price is nearing the bottom of the channel. Would be expecting some buying pressure from the support of the channel (at about 1.1355).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.