GBP/USD Nears Bearish Channel Support
Chart Prepared by Jamie Saettele, CMT
-GBP/USD is trading in a bearish channel on the daily and nearing possible support from that channel. In the event of a turn higher from the lower end of the channel, the top end of the channel and former lows in the 1.5108/63 zone would be of interest as resistance within the downtrend.
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