GBPUSD broke out from the sideways formation and from the downward channel with Friday's move. The continuation of the move is our favored scenario and we follow it with BUY positions at current levels (1.3250). Stops must be set below 1.3195, targeting 1.3280-85 and 1.3330.
Another way to trade our view is to BUY at current levels adding more at 1.3225-30 setting the stops below 1.3195.
Another way to trade our view is to BUY at current levels adding more at 1.3225-30 setting the stops below 1.3195.
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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.