Dear friends in my previous idea, I told you to buy near the 1.2850 level
and target the 1.32 level as TP.(previous idea attached below)
If you followed that idea, you have already made more than 300 pips profit.
Currently, GBP/USD bulls have failed at the top of the channel once again. So,
it is very likely that price will continue to drop till it reaches the 1.2950 level.
Selling the rallies is preferred in GBP/USD. Keep in mind that as long as the post
Brexit trade deals remain elusive, it will put a negative pressure on the Pound.
and target the 1.32 level as TP.(previous idea attached below)
Currently, GBP/USD bulls have failed at the top of the channel once again. So,
it is very likely that price will continue to drop till it reaches the 1.2950 level.
Selling the rallies is preferred in GBP/USD. Keep in mind that as long as the post
Brexit trade deals remain elusive, it will put a negative pressure on the Pound.
