GBPUSD looking for pullback as it touched the top of the current LONG trend channel. We are going to look for it to go down and either:
A. Bounce off button trend and make a possible movement further upward.
B. Blow through the bottom trend line and head further down.
Key notes: On a .618 retracement line which is a key line to watch
Stoch is currently in the OverBought Area
Forming a new fractal to head down.
A. Bounce off button trend and make a possible movement further upward.
B. Blow through the bottom trend line and head further down.
Key notes: On a .618 retracement line which is a key line to watch
Stoch is currently in the OverBought Area
Forming a new fractal to head down.