GBPUSD comes to resistance/ Fall

٢٢ يناير ٢٠٢١

Since October last year, the price has been in a strongly growing channel.
Throughout the entire movement, the price repeatedly made false breakouts of trend lines.
Recently the price touched the resistance line 1.375 (the upper channel line).
The last breakdown of this line occurred in December 2020.
This time the price failed to break through the line and fell.
I expect it to continue falling towards support.
The target is 1.357.

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