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Oil - US Crude
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of clients are net short.
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Note: Low and High figures are for the trading day.

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GBP/USD Rides Along Bearish Channel

GBP/USD Rides Along Bearish Channel

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

GBP/USD Rides Along Bearish Channel

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-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.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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