0805 GBPUSD: keeping south
The blue channel is not finished yet.
And for current situation, the first tp is 1.2885, still 158 pips ahead.
The purple channel could probably be broken by a sideway movement after hitting 1.2885 once.
On that case, a wider channel ( red one) would guide the trades after .
Less is more!
And for current situation, the first tp is 1.2885, still 158 pips ahead.
The purple channel could probably be broken by a sideway movement after hitting 1.2885 once.
On that case, a wider channel ( red one) would guide the trades after .
Less is more!
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