GBPUSD has been moving in this ascending channel for a bit of time now and it is nearing the channel resistance where it will eventually sell after faking out people with a break of the triple top resistance making most retail traders think it is now heading for a buy.This is one of the institutional traders tactics to collect dumb money from the markets
Head and Shoulders forming on the 1hr charts possible chance of a sell if it breaks neckline and maybe a retest of the neck line could offer a good opportunity of a sell
