GBP_USD key level reached

6 nov 2020

GBP_USD reached a key level within the rising channel
While EUR_USD keeps rising, GBP_USD stopped its upward movement and is showing signs of that bulls have run out of steam.
Therefore, I predict that the pair will start falling the moment EUR_USD stops rising.
We might, however see a retest of the channels resistance in the final push upwards,
But then the pair will retrace downwards.

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