TradingView
talalzebian
Sep 22, 2020 2:23 AM

Potential Bullish Opportunity on GBPUSD (4Hr) Long

British Pound/U.S. DollarFXCM

Description

The Cable is in an uptrend an there's a potential opportunity taking advantage of the pullback before it continues its Bullish trend.
The Pullback is currently forming a potential Double Bottom at an area of Daily support.
We also have an RSI being significantly oversold along with an RSI divergence.

Targets are set to previous highs.

Let me know your thoughts.

Trade closed: stop reached

More