After the market rallied up by 150 pips, GBPUSD is now moving sideways creating yet a mini bullish flag. It is expected that the price moves upward and break the flag continuing the original uptrend.
Trade Levels: - 10-15 pips within the bottom channel line. (approx. @ 1.29700) - Stop Loss @ 1.29500 - Take Profit @ 1.30500 - Risk/Reward: 4