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

The gap on GBP/USD also indicates the prospects for continuing the movement according to the bearish scenario. However, the thing is that even though we are currently below the mandatory zone and have even settled below the lower channel boundary and the KTL, further stretching the spring may not be allowed until the channel drops lower. If it turns out that we don't fly back up today following the blue scenario, then tomorrow's channel decline may not be delayed. And here, it will be possible to more confidently expect a downward movement if today we manage not to rise above 1.3460.