Bearish on GBP/USD at top of channel
I think this has room to move down to at least mid point of the channel. Stop will be at 1.3810 above Fridays bearish candle.
Note
this has now formed a bullish engulfing candle on the daily and would exit the trade at this point
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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.