This support line definitely means something to GBPUSD.
Because once it is broken, a disaster, like our idea on 2nd Dec, will come.
On the other hand, some buyers would try to buy this pair
here with small SL. This is a great trade if price rally up as
wish.
Once price break the blue trendline to rally up, the first blue line is only used as target 1, this pair could go further by trigger all the sellers' SL.
Less is more!
Because once it is broken, a disaster, like our idea on 2nd Dec, will come.
On the other hand, some buyers would try to buy this pair
here with small SL. This is a great trade if price rally up as
wish.
Once price break the blue trendline to rally up, the first blue line is only used as target 1, this pair could go further by trigger all the sellers' SL.
Less is more!
Trade active