GBP-USD is trading in a downtrend
In a descending channel, it is retesting the horizontal resistance at 1.306
We expect a bounce from these areas to break the descending channel, but then on the pair
Retest horizontal support
I think the pair will rise
towards the above the target 1.34
Note
Entry after breaking the resistanceTrade active
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✅Join My FREE Telegram Channel:
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✅Visit my Website:
kacimtradingsignals.net
✅ Instagram: instagram.com/kacim_fx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.