GBPPUSD - Compressing Triangle - Breakout Trade Setup - Long

GBPUSD

Possible Long Trade Trigger.
- Compress Symmetrical Triangle - Restriction of price Movement.
- Up Trend - Trendline Support.
- New Demand Level - Created

At the break of the compressing triangle slated in red, with the aid of the uptrend - trendline, wait for a possible retest of the trend line into demand for a suitable long entry.

Please note my bias is "Long" but is price manages to break down below the "Up-Trend Trendline", then normally we would be looking for a possible short on the retest of the "Backside" of the "Up Trend Trendline", changing its structure from support to resistance, inevitable trying to push price lower into demand.