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GBPUSD trading within the rising parallel channel

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Brittiska pund/Amerikanska dollar (FX:GBPUSD)  
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FX:GBPUSD   Brittiska pund/Amerikanska dollar
Fibonacci Support and Resistance Parallel Channel GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdforecast
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fibonacci supportandresistance parallelchannel gbpusd gbpusdshort gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast gbpusdsetup gbpusdforecast
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GBPUSD-Technical/Fundamental analysis
GBPUSD started to grow in within a parallel rising channel. And currently its trading above the .50 Fibonacci level and 23.6% Fibonacci and middle line of the channel will act as resistance for the bull.
And the Brexit headlines will impact this pair negatively as the chances of no deal BREXIT is widening
The next possible downside target would be 1.28500.
Stop lose may placed above the 1.30000 level

Don't risk more than 1% of your capital

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