2004 P2/8 GBPUSD: down for 400 pips

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is losing now.
Actually, it start to sideways after breaking through the weekly blue channel.
And the 1st DOJI after the channel is a start for the new dropping swing.
And now its giving us a floating profit on our valid signal. The maximum pips could be 400 pips to hunt.

Your lower BB seems be at 1.2920 from where it could start a rally. I am actually quite bullish on this pair if 1.2920 is not broken.

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