Alexander_Harford

GBP/USD 🇬🇧🇺🇸 to decline and bounce from the local level

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OANDA:GBPUSD   Libra Esterlina/Dólar Americano
GBP/USD 🇬🇧🇺🇸 is rising in the Upward channel. The price has recently been rejected by the Resistance of the channel and with the following deep decline and bounce from the support. The Stochastic together with Kumo Clouds (that lying below the price) suggest that the pair won't rise above the midline this time. Thus I expect the price to bounce from the local level of 1.33020.

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