GBPUSD Don't Miss this drop
Hello traders:
GBPUSD has broken out of the HTF ascending channel structure, and is finished forming its continuation correction.
We can see price has already been in a bearish trend from the top of the HTF ascending channel.
Price managed to make the first impulse, follow by correction, then another impulse out of the HTF channel, good indication of continuations downside.
Latest price has completed a bearish flag/channel continuation correction and price broke out now.
So this LTF correction that is developing will give us good entry to sell down to the next recent lows.
Thank you
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Related publications
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.