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British Pound / U.S. Dollar
Updated

Bounce time? GBP USD

201
GBP falling right at the bottom trendline of channel and is at 38% fib retrace level...if there is a bounce, I'm expecting it to stay in the current trend/bullish channel

Thanks!
Note
Any gains though should be limited, here is a more macro chart with a longer term trendline ready to block the bounce...end of the bull channel perhaps.

snapshot
Trade closed: target reached
WinTradesBeHappy
GBPUSDTechnical IndicatorsTrend Analysis

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GBPUSDTechnical IndicatorsTrend Analysis
WinTradesBeHappy

Disclaimer

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.