meghal.jani
Long

A descending channel and the divergence.

FX:GBPUSD   Pound Sterling/U.S. Dollar
33 0 4
In four hour chart, we can see a descending channel with a divergence.

There is a bullish engulfing candle on the daily time frame.
snapshot


I believe that the price has started a major C leg of the correction on the weekly time frame.
snapshot
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