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TheSignalyst

GBPUSD Buy Setup

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
TheSignalyst  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD buy support rejection Daily Charts EURUSD Divergence confluence
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trendanalysis chartpattern indicator gbpusd buy support rejection daily eurusd divergence confluence
GBPUSD is currently sitting around strong support from Daily timeframe. (1.2700 in green) so we will be looking for buy setups on lower timeframes.

we also have a divergence adding more confluence to our setup. and we have an objective valid trendline in blue.

so we are waiting for a momentum candle close above the gray area to buy this one.
This analysis is done using RichTL
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