GBP weekly chart
  • broke the upper channel line
  • 5 fail weeks to hold above 1.66, this make the probability for retracement very high

GBP/USD Daily chart
  • price moved 100% after breaking the channel
  • Price still holding highs and making another channel, usually that's a signal of weakness

Closer look at GBP/USD 1HR chart
On the 1hr chart we can see a clear channel breakout out on the top of the daily channel border which makes a big slide in the price .
For the next week ill be looking to take a s…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –