GBP/USD Trade Setup: Potential Reversal
The price is approaching the lower boundary of an ascending channel, with the RSI signaling an oversold condition, suggesting a potential reversal or bounce higher. Wait for confirmation before entering a long position on GBP/USD.
Target levels:
TP1: 1.2780
TP2: 1.3000
Target levels:
TP1: 1.2780
TP2: 1.3000
Trade active
TP1 achieved 
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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.
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.