Bought the dip in GBP/USD, do you think it would go up ?

已更新
Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, GBP/USD fell quite rapidly during the Asian Trading session on Friday.

However, in the 4-hour chart, we can see that the price is currently at the lower trend line of the price channel. So, if the lower TL holds, traders can consider going long in GBPUSD@1.24 with target around the 1.26 level

I bought at 1.2395 and I am currently holding this buy. Let's see if GBPUSD moves up over the next few days.
註釋
UK Retail sales data coming up, so be careful with position sizes
交易進行
Buy@1.24 done
註釋
33 pips running profit now
手動結束交易
Closed@1.2460 as price is struggling at the hourly resistance
Beyond Technical AnalysisChart PatternsGBPUSDgbpusdanalysisgbpusdlonggbpusdsignalTrend Analysis

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