GBPUSD 1.5562
The pair is bullish now at a major bullish channel low Stop loss is the low of today 1.5532
Targeting the previous high at 1.5929, for a swing trader, the target still at 1.6277 to 1.6423
Breaking the major bull channel low, would confirm the target of the undershoot of that channel so bulls should be careful not closing below the channel,
The view will be changed to bear if we break the overshoot level at 1.5161
The pair is bullish now at a major bullish channel low Stop loss is the low of today 1.5532
Targeting the previous high at 1.5929, for a swing trader, the target still at 1.6277 to 1.6423
Breaking the major bull channel low, would confirm the target of the undershoot of that channel so bulls should be careful not closing below the channel,
The view will be changed to bear if we break the overshoot level at 1.5161
