GBPUSD on the 4h chart after the recent high tested the 1.31500 and dropped to the 1.28000. The price tested the 0.886 Fibonacci level in a series of narrow lower high lower low.
According to Plancton's strategy IF the price will break above the descending channel dn the minor resistance we can look for a nice long order.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.