Parallel channel on GBPUSD with a potential bullish move

British Pound/U.S. Dollar FX:GBPUSD

tahacharef26

On GBPUSD there is a clear parallel channel structure. It’s now at the bottom, meaning it might move upwards. It can also breakout of the pattern. In this case, confirmation is really necessary. That’s when we wait for a retest. Let me know your thoughts!

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