Very interesting, in this weekly chart we see GBPUSD is still in long term consolidation after a big decline.
Consolidation means channels and harmonic patterns.
I found this two big corrective channels that seem are containing price.
Im bearish on this pair, so i expect a final decline near 1.46000 and then a strong rebound .
Best regards.
Consolidation means channels and harmonic patterns.
I found this two big corrective channels that seem are containing price.
Im bearish on this pair, so i expect a final decline near 1.46000 and then a strong rebound .
Best regards.