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GBPUSD - Watch For Liftoff! 🚀

British Pound / U.S. Dollar (FX:GBPUSD)  
WicktatorFX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD signal EURUSD XAUUSD Gold Bitcoin (Cryptocurrency) AUDUSD DXY DJ FXCM Index Contains image
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trendanalysis chartpattern waveanalysis gbpusd signal eurusd xauusd gold bitcoin audusd dxy usdollar containsimage
GBPUSD is within a parallel channel and has been respecting it really well.

We are now close to the channel support and looking for a bounce. We are expecting USD weakness which would make this a great trade!

Trade idea:
Watch for price to test the channel support
For a risk entry, you can enter on the bounce.
For a safe entry, watch for the bounce and then the break of the red descending trendline.
Stoploss: below the channel
Targets: Channel resistance

This trade could be well over 300pips!

Goodluck and as always, trade safe!
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