GBP / USD: signs of a major downward correction

The cable slipped under the bullish channel lower during the trading in the Asian session. In the H4 candle in training at the moment the GBP / USD has fallen to 1.5900, suggesting that the downward correction will extend into the next bracket in the area 1.5800 – 1.5750. The main uptrend is still intact and will remain a tendency of the pair while the share price remains within the more bullish channel. However, technical analysis shows several signs of a major downward correction. On the upside, a move that leads to the GBP / USD within …

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