After breaking through the upper Line (downslope) Pitchfork (dash maroon) on 4-hour chart cable the GBP/USD pair is now making a new slope pitchfork channel (blue) but after a purge, the buy-side liquidity pool at 1.2339, the pair has failed to reach the middle line from upslope pitchfork and sank again. The pair will try to reach the lower line from the up slope pitchfork as the first target and the 1.2253-1.2250 levels as the secondary target. This scneario may come true as long as this pair does not edge higher and close above the 1.2362 level.
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