forexcrunch
Short

GBP/USD Could Fall Off Uptrend Channel

FX:GBPUSD   British Pound/U.S. Dollar
719 5 2
GBP/USD             has been trading in an uptrend channel since mid March. However, fundamentals are weighing heavily on the pound, which has already fallen from its highs.
If the pair were to lose the uptrend channel and support around 1.52, we could see an accelerated move towards 1.50 at first and perhaps towards the 1.48 bottom later on.
LEONES PRO
3 years ago
Didn't notice that channel,good - I'm bull
Reply
Nickmail
3 years ago
then 1.43 & maybe then - i expect Britain will enter EUR when the level the price of the pound to the euro
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