Envious_

GBPUSD Daily Long Idea

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Although there is more odds of the GBP pair becoming more bearish due to the new lockdown that was set and most businesses having to close soon, I feel like there is still a potential rise in this pair based of analysis. The support level is holding well with multiple rejections, the price has also previously bounced off the trendline and the trendline stayed strong and price is creating higher highs and higher lows. However, this pair is becoming exhausted hence the rises between each triangle is smaller and smaller. I will be looking to enter this if creates a morning star or a bullish reversal pattern. This is an idea from a beginner, good luck stay patient.

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