GBP / USD
On Friday, the British pound was down to 46 points against the background of the overall strengthening of the dollar. The delay occurred on the nested trend line of the price channel. To further reduce the price, it is first necessary to overcome the magnetic point 1.2898 on the four-hour chart, in which the lower line of the price channel and the Krusenstern trend line converge. Below the channel is the level of 1.2844 - the low of August 29 and, more importantly, the support of the Kruzenshtern trend line of the daytime, because its penetration opens the way for the price in the range of 1.2548 / 88.
But the market opened with a falling gap, which is already a sign of the market's intention to go down, but today we are waiting for it to close and consolidate above the lower border of the price channel on a four-hour chart.
