GBP/USD Technical analysis


GBP/USD currency pair continues to move within the rising channel. At the moment, there is an attempt to test the lower border of the channel and the correction level of 38.2% on the Fibo grid, near the level of 1.3350. Then the pair continues to grow above the level of 1.3550.

Cancellation of the growth will be a fall and breakdown at the level of 1.3230, which indicates a breakdown of the channel’s lower border and a correction level of 61.8% on the Fibo grid with the continuation of the quotes fall to the level of 1.3030.


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