OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD was trading in downside parallel channel pattern, after making the bottom it has given a breakout from the channel pattern. we think that price may consolidate until it break the resistance line as shown in chart because it has immediately tested the resistance line of channel pattern. one can with consideration of consolidate or wait for definite trend confirmation.

Note - Trade With Proper Risk Management System

Thanks
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.