GBPUSD: Update - USD May Take Control Soon

GBPUSD: Update - USD May Take Control Soon

During this week the price is spending some time in correction and it is getting
ready for the next movement.

The pattern that we have is still bearish and valid.

Price may move down further from the current position if all goes well.

The problem is that GBPUSD already invalidated 3 other patterns before it
created the bearish channel. This is the tricky problem with GBPUSD as it can
invalidate this bearish pattern in the same way as it did before.
This is what you should know before trading GBPUSD.

Thank you and Good Luck!