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Vale_Quantum_FX

GBP/USD retracement D1 before bullish continuation

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Vale_Quantum_FX Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis GBPUSD scalping valequantum mikeforshawforex
5
0
trendanalysis indicator fundamental gbpusd scalping valequantum mikeforshawforex
The Loonie whilst currently within an ascending channel reached temporary exhaustion on the D1 Chart yesterday (Stochastics)

I hope to see the pair retrace to around 1.36432 - 1.36288 before continuing on its bullish ascent.

My experience with the GBPUSD has been a volatile one, and so I would exercise caution particularly with this pair with deposit load / lot size.

best of luck.


Comment:
I have adjusted my SL to 1.37167 as I do believe it has the potential to test the lower channel
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