GBP/USD:BUY From 1.1450 Support Bullish Channel LONG Setup

Long

British Pound / U.S. Dollar (PEPPERSTONE:GBPUSD)

Updated

PEPPERSTONE:GBPUSD British Pound / U.S. Dollar

Trend Analysis Chart Patterns Technical Indicators GBPUSD

trendanalysis chartpattern indicator gbpusd

GBP/USD is still inside a Bullish channel where in the last 3 days the price had a strong bullish impulse from the lover side of the pattern. The RSI is turned to the Bullish side and the price may grow until point 1.1700 otherwise our alternative scenario will happen if the price come back to 1.1250 for a possible breakout of the pattern.

Comment:

snapshot

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