TRADING CHANNEL GBP/USD 4 HRS

If price breaks resistance at 1.5465, the downtrend will turn up for correction. The targets will be found at 1.5465, 1.5535, 1.5600.

Alternative scenario: the breakout of 1.5370 support will be a signal for further downtrend. The breakout will open the way to 1.5300.

GBP_USD British Pound _ US Dollar

By TheodorosĀ  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk