Weekly technical analysis of GBP-USD


The pound dollar broke the rising channel on the daily chart and traded below it, and now we are awaiting a re-test and then the drop again, with the breaking point at 1.2975 as the detailed level of selling by buyers and sellers. Traders are advised to maintain an appropriate stop loss for both trades with proper management of the funds assets in the investment portfolios. Watch the analysis on the Telegram channel from here