Christopher-James

GBPUSD Corrective Structure Against Monthly Trend

Christopher-James Updated   
FX:GBPUSD   British Pound / U.S. Dollar
The GBPUSD appears to be in a corrective structure. Price has tested the monthly trend line several times over the past few months and seems to be holding.

There is a triangle pattern forming as we see a consolidation while there is also a downward channel.

No setup on daily until breakout occurs!
Trade active:
Breakout of the 4 hour trend line on the GBPUSD on 15 min and 60. Opened a small position with a view to adding on

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