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ugeo211

GBPUSD on the edge

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ugeo211  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis GBPUSD GBP short USD DJ FXCM Index greatbritain Technical Analysis
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trendanalysis chartpattern fundamental gbpusd gbp short usd usdollar greatbritain technicalanalysis
GBP/USD is very close to falling out of a 5 month ascending channel as it did this time in 2018 this could be a multi month down move
if it can break cleanly. Also to note is the rejection / breakout spike at 1.42 adding liquidity to the move and recent USD strength.
Failing a breakdown it might try again for the top of channel or double top. Plenty of targets on the way down.
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