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GBPUSD Long From Suppor !!!

British Pound / U.S. Dollar (FX:GBPUSD)  
kacim_elloitt Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdshort gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdsetup gbpusd_forecast gbpusdbuy
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trendanalysis chartpattern waveanalysis gbpusd gbpusdshort gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdsetup gbpusd_forecast gbpusdbuy

GBP-USD is trading in a downtrend
In a descending channel, it is retesting the horizontal resistance at 1.306
We expect a bounce from these areas to break the descending channel, but then on the pair
Retest horizontal support
I think the pair will rise
towards the above the target 1.34
Comment:
Entry after breaking the resistance
snapshot
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