GBPUSD: Overview

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Hello Traders,

Let's look at daily chart!
snapshot

A zone and a Bullish channel is there! The zone wants to push us down while the channel and the current leg is trying to move us more up! If you are a longer term trader wait for any bullish or bearish break of the channel!
snapshot
In case of bearish break we need the trendline to break too!

But if you are a shorter term trader you can take profit out of today moves. any retracement to middle of the channel could be a chance to long the pair!

Uwaga
Waiting for retracement
Uwaga
Waiting for confirmation
Uwaga
snapshot

Close before GDP News of tomorrow
Uwaga
1st TP hit
Uwaga
2nd TP Hit!

Left Some positions open for top of the channel or till the next trend-changer news
Uwaga
Move your SL Before the GDP relase.
Chart PatternsSupply and DemandTrend Analysis

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