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BenCairns

GBP/USD Breakout to the upside

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
BenCairns  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD Forex Currencies LONG Bullish Patterns breakout
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trendanalysis chartpattern gbpusd forex currencies long bullish breakout
GBP/USD is in a consolidating channel respecting support and resistance lines.
It is also in a consistent upward trend.
Expect a few more bounces before breaking resistance and heading to the 1 day chart resistance zone.
As always make sure to confirm the upward breakout before entering.
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