If GBPUSD quotation passes the 1.5400, it will go up to 1.5540. Even if the channel is downwards, the quotation must touch first the weekly pivot before going deeper.
Buy at 1.5400, TP 1.5540 with risk 1:10.
Buy at 1.5400, TP 1.5540 with risk 1:10.
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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.