Potential UPSWING in weekly uptrend channel *700pips*
Updated
We are looking at GBPUSD, it is in the UPTREND channel. A swing down is near completion and reached our entry point, possible swing up from here. Primary trend is still BULLISH. There will be loads of GBP data, we will be looking closely. EP SL TP are shown in the chart.
Trade active
Comment
Nice 100 pips up.Trade closed manually
Weekly bullish momentum has slowed down, bearish signs in lower time frame. With USD seasonality, GBP might see a sell down soon, hence we had to close off this trade.Disclaimer
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