GBPUSD DOWNWARD CHANNEL (HUGE IMPULSE AHEAD)

MARKET ANALYSIS: The market is now trading inside a downward channel. It has broken the previous support level near the 1.22000 level. So it the resistance holds we can see a further more downside. If the resistance is broken then a rally up and followed by a huge sell trend may follow. So lets wait and see what the market does in the coming days. Cheers!