GBPUSD - Long Opportunity, nice Risk:Reward short term set up
Price continues to trend up nicely, until broken the set-up remains bullish
We’ve now broke back into the horizontal channel & confirmed that as new support - the next hurdle is the channels resistance which sits at 1.38925
The RSI is now showing bullish divergence so I’m entering another pending order
**GBPUSD**
Buy Limit - 1.37700
TP1 - 1.38000
TP2 1.38500
SL - 1.37490
We’ve now broke back into the horizontal channel & confirmed that as new support - the next hurdle is the channels resistance which sits at 1.38925
The RSI is now showing bullish divergence so I’m entering another pending order
**GBPUSD**
Buy Limit - 1.37700
TP1 - 1.38000
TP2 1.38500
SL - 1.37490