Get started
Jal121

GBP/USD - More Downside Potential Imminent?

British Pound / U.S. Dollar (OANDA:GBPUSD)  
Jal121  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators fxaxe Forex GBPUSD cable Ascending Channel support rejection break level
3
1
trendanalysis chartpattern indicator fxaxe forex gbpusd cable ascendingchannel support rejection break level
We have been bullish on the USD for some time now.

We've seen a break of our ascending channel and key level in the market in the latest bearish 4HR.

Right now we're seeing some rejection of 1.38.

Be careful trading this market today with NFP figures out!
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.