GBPUSD is trading in descending channel and printing consistent LLs LHs. Currently the price is trading at important resistance zone. As the red candles at resistance zone indicating the sell pressure.
If the sell momentum continues the red next target could be 1.2550 region.
What you guys think of this idea?
beyondtechnicalanalysisChart PatternsDescending ChannelGBPUSDTechnical IndicatorsJTSrejectioncandleresistancezonessellpressureTrend Analysis
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