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UmarAbdurRehman

GBPUSD potential break out setting up - Possible long setup

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
UmarAbdurRehman Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdlong gbpusdanalysis gbpusdsignal
9
2
trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdlong gbpusdanalysis gbpusdsignal
GBPUSD bounced quite sharply from 1.4077 support and right now it is stalling around the multi-sessions bearish trendline which is quite likely to be broken since momentum is quite strong.
Wait for the market to break the trendline and hold above in order to build long positions.

Trade Safe!
Good luck.
Order cancelled:
Market broke but didn't hold above the trend-line. So this setup is invalid now. Will update if it resets.

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