GBPUSD - Upward channel ready to break!

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GBPUSD is in an upward channel that started in September 2020. While no one can predict the exact timing of a big market move, the way the pound dollar goes up it's telling us that at least a bigger correction is coming. Our analysis tells us that a down move is bound to happen soon.

Trade with care.

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

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