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DennisDims

GBPUSD LONG

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
DennisDims  
OANDA:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Trend Lines Trend Line Break
4
0
supportandresistance trendline trendlinebreak
The pair broke out of the descending channel and retraces back to the broken trendline finding solid support.

We can expect the price to gather bullish momentum to rise towards the monthly pivot.

Alternatively, a close below 1.14700 will invalidate the buy setup.

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