Finally GBP/USD !!

GBP/USD has been non-stop soaring for about 2 months without making any correction making a lot of traders lose money. Having a very corrective shape as you can see, it finally reached a very high key level (1.3950) with an upward channel and rejected it signaling the start of a correction which could at least reach the 1.36645 (Bottom of the upward channel) as a first target. However, keep in mind that GBP/USD is a very crazy and volatile pair as traders are optimistic about vaccines and the possibility of a recovery, so don't forget to keep your stop-loss ready in case it rallies again.