If GBPUSD can break out of this trend channel then we could see a possible move back up, regaining lost value on GBP.
If we've already broken SUP 1, we could see continuation down, so please do trade with care. Look for the double bottom H4. Long if bullish rejection from zone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.