GBP/USD- short-term signal for decline to 1.5119, good levels for buy

GBP/USD: trend is short

Mid-term move is long, but short-term move is short. The pair is traiding in the channel which may be flag on H4 with a potential for decline.

Price is on the top shoulder of the channel.

We have a very important level at 1.5267 and a break over it could give us a signal to buy.

We are expecting consolidation in the bullish candle between 1.5267-1.5165 and a break of one of this levels will give us the direction of the pair

Price is over MA

 Varchev Traders

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