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%
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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.