GBP/USD:SELL From 61.8% FIBO Bearish Channel SHORT Setup ⚡️

The British Pound, following our yesterday forecast it's inside a bearish channel in the lower timeframe and a narrow/ sideways area in the higher. The price had a double rebound on the 61.8% Fibo inside the channel and today the US economic news may be crucial for all the pairs against USD to understand the next movement for the end of the year.

Key events:

Canada – Core CPI (MoM) (Nov)
USA – CB Consumer Confidence (Dec)
USA – Existing Home Sales (Nov)
USA – Crude Oil Inventories

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