GBPUSD - Potential Ranging-Market?

British Pound/U.S. DollarFXCM

Description

⋅ Jun 25, 2019 2:06 PM

After the breakout under the trendline the market makes a hammer pattern.
Maybe the market will move until the resistance at 1.27600 and bounces back.
Or it'll start a new downtrend and bounces at the support by 1.26711.

Let's wait and see!
Thanks and good luck!