TerryHarmonicTrading

GBPUSD - Channel Play, sell after price hits top of channel

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hey guys, GBPUSD just broke out on the daily chart.

Do not be in a hurry to short as this channel is in play.

Will be looking for sell setups when price goes above 1.34, it could hit 1.35.

Will keep you guys posted, this could be a nice move that could bring gbpusd from 1.34/1.35 back to 1.3.
Comment:
Broke out above channel decisively, no more looking for short opportunities.

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