GBPUSD broke below the bottom of the price channel on its 4-hour chart, suggesting that the uptrend from 1.2695 had completed at 1.3174 already. Resistance is at 1.3100, only a break of this level could trigger another rise towards 1.3250.
GBPUSD broke below the bottom of the price channel on its 4-hour chart, suggesting that the uptrend from 1.2695 had completed at 1.3174 already. Resistance is at 1.3100, only a break of this level could trigger another rise towards 1.3250.