Bearish P.A. at the top of the channel, downtrend expected
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Bearish candlesticks have formed in the 4-hour chart in GBP/USD at the top of the channel. So, I am expecting a continuation of the downtrend in GBP/USD.
Traders can sell GBPUSD@1.3855-1.3875 with SL above 1.39 and TP at 1.3765
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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.