Hello traders and investors,
GBPUSD is finding channel support over here, therefor we are long on this pair. As long as this channel remains intact the trend is still up. The lower timeframes also show a nice bullish divergence which can kick in anytime.
Good luck and don't forget to give us a thumb if you like our analysis!
Regards, ValescoTradingGroup
GBPUSD is finding channel support over here, therefor we are long on this pair. As long as this channel remains intact the trend is still up. The lower timeframes also show a nice bullish divergence which can kick in anytime.
Good luck and don't forget to give us a thumb if you like our analysis!
Regards, ValescoTradingGroup
Note
SL taken, but the price is stalling at the breakout from the downtrend.
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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.