AnálisisdivisasTechnical Analysis GBP/USD

Technical Analysis GBP/USD

GBP/USD prices are trading bearishly in a descending price channel on the four-hour timeframe. Currently, if the price rises and breaks above the upper boundary of the channel at 1.2395 and closes above it, there will be a strong buying opportunity with targets reaching 1.2450 as the first objective. However, if the price remains below these levels, the likelihood is for a downward movement and selling.

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