Hi Traders!
Our GBPUSD bear channel setup earlier this morning reached the predicted 1.24364 support level and the market seems to have reacted to this level by having a small rally back to the range. Here we will see whether we continue this small momentum upwards to test the resistance level of 1.25845 or whether we go back to the downside and retest 1.24364 for a second time.
We will continue to let you know of further potential opportunities to come. Please remember to like and comment.
Thank you for your support!
BluetonaFX
Our GBPUSD bear channel setup earlier this morning reached the predicted 1.24364 support level and the market seems to have reacted to this level by having a small rally back to the range. Here we will see whether we continue this small momentum upwards to test the resistance level of 1.25845 or whether we go back to the downside and retest 1.24364 for a second time.
We will continue to let you know of further potential opportunities to come. Please remember to like and comment.
Thank you for your support!
BluetonaFX