GBPUSD 4H descending parallel channel

By SroshMayi
GBPUSD

For today as long as the price trades under 1.2600 will support falling to get 1.2536 and 1.2450
but should close 4h candle under 1.2536 to touch 1.2450
and it is possible to do a retest till 1.2657

otherwise, stabilizing above 1.2657 will touch 1.2781

pivot price: 1.2600
resistance prices: 1.2657 & 1.1.2860 & 1.2934
support price: 1.2535 & 1.2450 & 1.2400

The movement will be between 1.2657 and 1.24500

Supply and DemandSupport and ResistanceTrend Analysis
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