Chartist-Trading

GBPUSD: Setup for a breakout?

Long
Chartist-Trading Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD continues to form a sideways formation at the lows. We believe that a breakout of the formation is in the making.
We BUY some more at current levels(1.3330). We set our stops at 1.3298 and our targets open
Comment:
The 1.3360-70 area offers an opportunity to take partial profits as it is a strong resistance. We transfer our stops at BE or below today's swing low and we are waiting the breakout...
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