bryce.moral

GBPUSD watch for a breakout of short trend line going up

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD looking for pullback as it touched the top of the current LONG trend channel. We are going to look for it to go down and either:

A. Bounce off button trend and make a possible movement further upward.
B. Blow through the bottom trend line and head further down.

Key notes: On a .618 retracement line which is a key line to watch
Stoch is currently in the OverBought Area
Forming a new fractal to head down.

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