FX:GBPUSD   British Pound / U.S. Dollar
Bullish pennant forming on GBPUSD             . Strong resistance at 1.277, look for entries at around 1.278 and then set a trailing stop to break even. Initial SL @ 1.27400. If it breaks the resistance and holds, it should function as a strong support. TP could easily reach 1.28138 and above. Candle needs to close above the upper trendline for this setup to be valid.

Happy Trading.

Structure still forming and still valid

Might be able to go on a stop hunt above 1.28 ;)

Hopefully this closes above the trendline
Trade active:

SL @ 1.27200

TP 1.28+
Comment: Up and away we go!
Trade closed: target reached
Comment: TP of 1.27801 was hit.
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