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ChrisMTrader
Feb 21, 2021 3:47 PM

GBPUSD IDEA 

British Pound/U.S. DollarFXCM

Description

Hi traders,

GU had a huge run to upside very fast, buyers took control of the market.
as for now GU showed no rejection.

However wee see movement within a chanel as pointed out that has been respected many times.
before the closing of the markets on friday we got 4TH touch on the respected trendline and the pair showed a strong bearish momentum.

i am gonna wait till the market opens how its gonna react.

but most likely tha pair will reach 143 level soon to meet each weekly ressistance.
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