GBPUSD, H8
GBPUSD, H8
Price has now broken underneath the previous lower low in this descending channel at 1.342 and is now likely looking to make the next touch if we see further bearish confirmations. A break back above 1.342 suggests possible consolidation and maybe a clear touch of the channel's top, but overall we're likely going to see a continued trend.
Price has now broken underneath the previous lower low in this descending channel at 1.342 and is now likely looking to make the next touch if we see further bearish confirmations. A break back above 1.342 suggests possible consolidation and maybe a clear touch of the channel's top, but overall we're likely going to see a continued trend.
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