FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

For gbp/usd, the situation is very similar, the technical channel is not clearly defined, but it still exists, and based on this picture, there is no clear upward exit for trading. I understand that we can't rule it out completely, but I don't see an opportunity to buy either. According to the levels today, it's also bearish, the channel has descended, the mandatory zone is above the price, a bounce from the day's balance with the KTL on the pair can be made, and it is desirable for this to be in terms of correction and further continuation of the decline towards 1.3460. These are my expectations for the end of the week, we'll see how it goes from there.