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GBP/USD: a crucial sniper zone that bears should have eyes on

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Investroy  
OANDA:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Parallel Channel Trend Analysis GBPUSD priceaction Technical Analysis Forex forextrading parallelchannels investroy
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supportandresistance parallelchannel trendanalysis gbpusd priceaction technicalanalysis forex forextrading parallelchannels investroy
As it can clearly be inferred from the DAILY timeframe graph of GBP/USD, the price is approaching a major level of resistance that it can possibly reject.

We will keep monitoring the price development around that zone and enter short positions upon confirmations.
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