Price continues to trend up nicely, until broken the set-up remains bullish
We’ve now broke back into the horizontal channel & confirmed that as new support - the next hurdle is the channels resistance which sits at 1.38925
The RSI is now showing bullish divergence so I’m entering another pending order
**GBPUSD**
Buy Limit - 1.37700
TP1 - 1.38000
TP2 1.38500
SL - 1.37490
We’ve now broke back into the horizontal channel & confirmed that as new support - the next hurdle is the channels resistance which sits at 1.38925
The RSI is now showing bullish divergence so I’m entering another pending order
**GBPUSD**
Buy Limit - 1.37700
TP1 - 1.38000
TP2 1.38500
SL - 1.37490
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.