GBP/USD Trade Setup: Breakout Likely
Uncategorized |
19 Dec, 2025 |
Published
The British Pound/U.S. Dollar (GBP/USD) currency pair is currently testing the upper resistance line of a descending parallel channel. In technical analysis, a descending channel is formed by two parallel, downward-sloping lines that contain price action, marking pivot highs and lows. While the trend within the channel is downwards, these...