FX.co ★ dusty24 | GBP/USD

Today, the weekly session opened with a surprise - a downside gap. The opening level is 1.3504. This fact indicates that the price has exited the ascending channel on the W1 timeframe sideways, raising the possibility of a downward breakout of this channel's support becoming real, with a failed retest of the broken level from below. Now we need to wait and see how the price reacts to the upside and whether the bulls can surpass the high of the previous week's candle at 1.3597. If not, it is worth looking for sell signals at the high of the current week's candle on the intraday timeframes.