GBPUSD: Bullish Trade Idea to target 1.2850
GBPUSD bullish scenario is supported by the following factors:
1. It's moving perfectly in the ascending channel.
2. Hidden bullish divergence formed on MACD for the continuation upwards.
3. Break out of the most recent falling trend line within the bullish channel.
4. The next target of 1.2850 is derived from the confluence of Fibo Extn's on the prior impulsive moves.
Enter your trades once the lower timeframes get aligned with the daily setup.
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
1. It's moving perfectly in the ascending channel.
2. Hidden bullish divergence formed on MACD for the continuation upwards.
3. Break out of the most recent falling trend line within the bullish channel.
4. The next target of 1.2850 is derived from the confluence of Fibo Extn's on the prior impulsive moves.
Enter your trades once the lower timeframes get aligned with the daily setup.
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA