GBPUSD could not make any lower position thats why we closed all short trades on pounds-related pair.
The channel is only used to estimate a possible position for GBPUSD to rise.
The top red zone is possible for it if it can break through last top . Thats 540 pips from the day that GBPUSD made a doji on daily chart.
LESS IS MORE!
The channel is only used to estimate a possible position for GBPUSD to rise.
The top red zone is possible for it if it can break through last top . Thats 540 pips from the day that GBPUSD made a doji on daily chart.
LESS IS MORE!