British Pound / U.S. Dollar
Long
Updated

GBPUSD: Maintain price on Trendline

Hello everyone!
Looking at the chart, GBPUSD is currently moving along the trendline. Despite yesterday’s significant drop, the outlook still favors the bulls as long as the trendline remains intact.

However, keep an eye on the trendline's limits. If the price breaks through, it could provide a good entry point for trades.

Happy trading, everyone!
Trade active
Trade closed: target reached
Note
GBPUSD Sell strategy?

Disclaimer