GBPUSD – getting close to support of a Channel Down

Past performance is not an indicator of future results.
GBPUSD is moving towards the support line of a Channel Down. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 7 hours.

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