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GBP-USD Local Long! Buy!

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello,Traders!
GBP-USD
is trading between the horizontal support and resistance
And was effectively ranging for the past two weeks
Now, the pair is retesting the horizontal support again
And though risky, a long trade seems appropriate
With the target slightly below the falling resistance line
Buy!
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Comments

What is your take on GBP-USD?
+2 Reply
@Frankyberry, thanks
Reply
Good one!🔥
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I have the same viev on GBPUSD
quality stuff!
Reply
Great Analysis as Usual :)
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good one !
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Definitely have a bullish bias. I’m going to patiently wait and see if price dips to the 1.40850 level, or sweep the low @1.40730.
Reply
Great charting style, thank you!
Reply
great job
Reply