GBPUSD, H4The Pound has been moving extremely bullish here against the Pound, forming a mini-channel inside the long-term ascending channel. We can see the retailer's support at 1.395, where I expect most retail traders to enter this market long. I expect price to continue heading down, stopping out the retailer's trades and only reversing somewhere between the LV and OB.
Further Analysis:
https://a1trading.com/feb2121
- Bart
