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GBPUSD Reached Key Level! Bearish Forecast

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
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FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fibonacci Chart Patterns forecast Forex pound USD dollar DJ FXCM Index Technical Analysis Currencies GBPUSD
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trendanalysis fibonacci chartpattern forecast forex pound usd dollar usdollar technicalanalysis currencies gbpusd
snapshot

hey guys,

gbpusd has reached a key resistance area based on a boundary of a rising parallel channel and a horizontal daily/4H level.

1.2425 - 1.2465 is the zone from where we will expect a bearish reaction.

target level - 1.235

good luck!
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