Bullish Channel GBPUSD on Daily testing support

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Long

British Pound/U.S. Dollar (FX:GBPUSD)

FX:GBPUSD British Pound/U.S. Dollar

siamfx usd-us-dollar

Continue buying until support breaks. Follow us at siamfx.net for fully automated FX signals executed on your mt4 or cTrader platform

6 months later looking back at this analysis, the support pushed GBPUSD up into supply that pushed it back down before making new highs. The fundamentals were rumors of BoE increase interest rate.
Buy on Rumors, Sell on News.
November 2014
http://www.SiamFX.net

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