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Masoud402

A Downward Channel with Combination of a Harmonic Pattern

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Masoud402  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns
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trendanalysis harmonicpatterns
GBP/USD has encountered a robust resistance within a descending channel, indicating a potential completion of a harmonic pattern (butterfly). Anticipating a downward movement, I foresee the pair targeting 1.25660 initially, followed by 1.25300 as the second target.
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