Retuka

GBPUSD TREND CHANNEL BREAK

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD: We can see how price has been ticking to a significant trend channel. The GBP has only ever shown weakness this year which is why we anticipate another drop. Once we get confirmation we are going to enter ourselves. We are looking for significant bearish momentum with the candle sticks and a break of the channel.

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