Hello everyone! The price continues to fall. I expect GBPUSD to reach the support line, after which growth to the resistance line will begin.
Im expecting GBP/USD to push down to the 1st blue zone I have marked. If it breaks that blue zone it should continue to fall to the second zone. But If price rejects it at the first blue zone we can expect the price to continue to push back up! Happy trading
Market is trading inside a falling parallel channel. 110.9 structure support is the first level to be focused on. We can anticipate a minor pullback to channel's resistance line or even bullish breakout! 110.5 is our second support. 111.4 is the first decent resistance.