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ChasingTheMarket

GBDUSD Down to 1.3450 (Breakout within Channel)

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Libra Esterlina/Dólar Americano (FX:GBPUSD)  
ChasingTheMarket  
FX:GBPUSD   Libra Esterlina/Dólar Americano
Trend Analysis Chart Patterns Technical Indicators breakout range Parallel Channel support
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trendanalysis chartpattern indicator breakout range parallelchannel support
Market within a range right now, albeit also within a downward channel with two potential top side trend lines. If those fail, consider the blue trend line as a stopping point in the event of a bullish trend reversal.

The idea is to short when market reaches the Top of the Channel or the Moving Average with a TP at the support range @1.345

Good Luck
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