The GBPUSD on the daily time frame is in a fallen channel (blue) and has rejected the channel resistance trendline. Also, last week Tuesday, it made a bullish retest of the 1.38000 /1.38500 daily supply zone (red), which was rejected on Thursday, with a bearish follow-through on Friday. Technically, we may see a bearish continuation this week.
I may be wrong. Trade safe and prosper.
KP
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
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