Recently, GBP entered into a range only rallying within the rising wedge. On the 4 Hour chart above, buy positions seems lucrative within the rising channel, however, any clear bearish breach below the lower trend line will signify a breakout and may push the price lower. My advice, unless there's a clear bearish breach below the lower trend line, remain long, a breach below this trend line will push the price to the lowerside..
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .