GBPUSD Raising channel with cup & handle

Nov 20, 2020

GBPUSD is in very nice channel with a possible cup & handle formation that support continuation of the uptrend which could lead to new high.

Nov 23, 2020

Note

It played excellent. Target has been reached and new high has been established. Waiting now for price to reach the top line of the nice channel around 3365 - 3385. Then we search for another opportunity. Hope this was helpful. Your comments and like will highly be appreciated. Thanks

Nov 23, 2020

Note

Price has reached the looking for range of 3365-3385 establishing a new high and touching the top ling of the channel. any short position today should be carefully studied with stop above the closing high of the hour just ended.