PARALLEL CHANNEL

This analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry...
A few days ago the GBPUSD broke a parallel channel.
It is now at a support point, if the price breaks below 1.37953 then 1.37705 would be an entry point with a target of 1.36826.

Invest cautiously and have happy transactions...