GBPUSD Buy Opportunity

Trading opportunity for GBPUSD. The price bounces from the uptrend line. RSI confirms price reversal. We can expect further upward movement in the borders of the ascending price channel. Entry level can be above the high of the signal candle and it's 1.31400. Also it's possible to wait for a price breakout above the signal line. In such variant the buying will be based on additional signal confirming upward movement. Stop orders must be placed below the local swing low and the support at 1.29800 level. Profit targets can be near 1.36000 and 1.40000 levels.