Ms
Long

GBPUSD - new channel forming areas to go long

Ms  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
- GPDUSD has broken out of its former daily channel and looks like it has formed a new one, waiting for a bounce of support line of channel to go long.
- If this channel is broken support lines A and B are good areas to go long if price bounces off these areas, alternatively support line B could be a good area to use to go short if price breaks it and retests support line B.
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