British Pound / U.S. Dollar
Long
Updated

DeGRAM | GBPUSD rebound in the channel

565
GBPUSD is moving in a descending channel between the trend lines.

The chart maintains a descending structure, but after reaching the lower boundary of the channel, it formed a harmonic pattern.

The price has already consolidated above the dynamic support, which has already acted as a rebound point.

We expect a continuation of the rebound into the channel

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Trade closed: target reached
+73 PIPS after reaching the upper trend line

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