There is a perfect buy opportunity in GBPUSD pair. The breakout of prices from a cup and handle chart pattern along with the technical indicators supporting the up move can benefit the GBP bulls. The Parabolic SAR is signaling towards an up ward price movement coupled with RSI movement around 60 representing more room for gains.
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.