GBPUSD break and retest of the trend line

British Pound / U.S. DollarFOREX.com

Description

⋅ Jun 23, 2021 7:13 AM

The channel has held up strongly in the past but finally has gotten broken and a retest is forming as expected, a sell is imminent. A stop loss inside the channel would be ideal. 1:3 RRR at least

Trend Analysis