GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, the pair is no longer trading inside the descending channel. After testing the resistance level and forming a Harami reversal pattern there, GBPUSD has returned to the channel’s upside border. Possibly, the pair may reverse and return to 1.3130. Later, the market may continue growing and continue the ascending tendency.
However, there is another scenario, which implies that the instrument may fall towards 1.2700.
Orgin: RoboForex
