FX.co ★ TST as the Foundation for Medium-term Trading

I’m looking at gbp/usd, and here the levels are strongly hinting that today we can expect a price decline at least because there is no mandatory zone and the price opened at the lower boundary of the channel. This kind of sign of a trend change doesn’t always play out immediately, but today it looks neat, and we can even dip below the KTL without losing the bullish corrective direction which, as I see it, can pull us into the 1.3600 area.