GBP/USD is in a descending channel pattern in the 1-hour chart.
On reaching its supportive trendline it bounced off with a strong bullish engulfing candle.
Hence we expect the pair to race towards the resistive trendline.
On reaching its supportive trendline it bounced off with a strong bullish engulfing candle.
Hence we expect the pair to race towards the resistive trendline.
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