1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

GBP/USD Arrives at Bottom of Downtrend Channel

Discussion in 'Technical Analysis' started by Kaitlin, Dec 31, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,774
    Likes Received:
    0
    4 hour The GBP/USD is at the bottom of the downtrend channel, which could be used to enlarge the wave 4 (blue) correction. If price manages to break below the support (green), then a wave 3 (pink) continuation could occur. 1 hour The GBP/USD is most likely in a wave 4 (green), unless[​IMG]

    Continue reading...
     

Share This Page