Pound Sterling Price News and Forecast: GBP/USD edges higher amid US economic slowdown

Sentiment is: Positive

Technical Analysis

An emerging Channel Up has been detected on GBP/USD on the 4 hour chart. There is a possible move towards 1.2271 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

Want to get full Autochartist Access including the Autochartist Market Scanner for MetaTrader, Market Report Emails,
Autochartist Mobile App, and the full Autochartist Web App?
Subscribe here: ChartViper Subscriptions
Join us on Telegram