GBPUSD has been ranging in this upwards channel since December with a bias to the south side. The top channel has just been hit and rejected price.
We have a broken up trend line on the 4hr and strong bear candlesticks as secondary confirmations. Look to enter at current price area of 1.3785-1.3850 and take profit at the bottom of the channel.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
Jan 2021: 14%
We have a broken up trend line on the 4hr and strong bear candlesticks as secondary confirmations. Look to enter at current price area of 1.3785-1.3850 and take profit at the bottom of the channel.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
Jan 2021: 14%