GBPUSD: Buy or Sell?

134
Hello everyone!

The GBP/USD pair continues to maintain recent highs around 1.3010, with the chart showing upward movement within a gradually ascending channel pattern.

However, this currency pair is still struggling to maintain the 1.301 peak in the short term. Pay attention to two crucial support zones from which we can consider holding BUY positions, supported by the 34-89 EMA lines as indicated on the 1-hour chart.

Have a great trading session and don't forget to set complete TP and SL to protect your account!

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.