GBPUSD trading within the rising parallel channel
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GBPUSD-Technical/Fundamental analysis
GBPUSD started to grow in within a parallel rising channel. And currently its trading above the .50 Fibonacci level and 23.6% Fibonacci and middle line of the channel will act as resistance for the bull.
And the Brexit headlines will impact this pair negatively as the chances of no deal BREXIT is widening
The next possible downside target would be 1.28500.
Stop lose may placed above the 1.30000 level
Don't risk more than 1% of your capital
GBPUSD-Technical/Fundamental analysis
GBPUSD started to grow in within a parallel rising channel. And currently its trading above the .50 Fibonacci level and 23.6% Fibonacci and middle line of the channel will act as resistance for the bull.
And the Brexit headlines will impact this pair negatively as the chances of no deal BREXIT is widening
The next possible downside target would be 1.28500.
Stop lose may placed above the 1.30000 level
Don't risk more than 1% of your capital
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