GBPUSD Next Likely Move

26 thg 7, 2020

We have an opportunity to either go long or short depending on your patience. We have a major resistance at the top, so why do persons think that price wouldn't go for it. Once price reaches, we should see a sharp drop to balance the channel. I've marked out a trendline within the parallel channel as well (an inner-trendline if you will). If price breaks it, we should start looking for that short position.