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GBPUSD can we see sell momentum to come in ?
British Pound / U.S. Dollar
Short
GBPUSD can we see sell momentum to come in ?
By jojofang0901
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Nov 27, 2020
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Nov 27, 2020
Hello everyone:
GBPUSD continues to be in this ascending channel structure, correcting itself up.
However, as we know price action will finished the correctional structure eventually, and the next impulse phrase can begin.
Currently price is at the top of the HTF channel structure, and within it LTF ascending channel.
Safest entry would be the breakout, and a confirmed continuation correction on the LTF.
Look to see the previous lows as the first potential target.
Thank you
Chart Patterns
correction
Double Top or Bottom
FLAG
impulse
Parallel Channel
pattern
priceaction
structure
jojofang0901
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GBPUSD Looking for the next move down
by jojofang0901
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