GBPUSD – still in the bearish channel

GBPUSD – still in the bearish channel


The price has formed a descending triangle , after the break it retested the new resistance level and bounced downwards. The price has saw a massive bearish move over the last 4 hours, but looks like the push is going to come to an end as the price s still in the bearish channel . We could see a retracement take place very soon. I would keep everyone updated on my findings over the coming days.