Hello traders,
Looking at GBPUSD currently trading at 1.20670 we see a clear breakout below of the bullish channel,
This was mostly due to positive news on USD in Friday.
Currently on a bigger time frame price is on a downtrend channel, we expect a move towards 1.1770 in the coming week.
If you find my analysis helpful and productive, press the like button follow and comment your view in the comment section, this motivates me to bring this kind of update frequently.
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