GBPUSD Daily Analysis – February 18, 2019

GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2772 could be treated as consolidation for the downtrend from 1.3217, further decline towards 1.2700 is still possible after the consolidation. On the upside, a breakout…
Source: GBPUSD Daily Analysis – February 18, 2019