DeGRAM | GBPUSD rebound from support

1349
GBPUSD is under the trend lines in a descending channel.

The chart has already reached the lower boundary of the channel.

The price has held above the support level.

We expect a bounce from the support level to the 50% retracement level.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!

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.