GBP/USD Potential Upward Movement

GBP/USD Long-Term Trend: Bullish

Key Resistance Levels: 1.3607, 1.3697, 1.3820

Key Support Levels: 1.3464, 1.3411, 1.3284

Daily Time-frame:

The price on the higher time frame has seen a reversal in trend and has shown good momentum in the long side. Recently we have also seen rejection from the downside and with good volume, we can see a move towards 1.38

GBP/USD Medium-Term Trend: Bullish

1-Hour Time-frame:

On the lower time frame, the price has shown a structural bullish move. We have also seen good momentum and currently, price has broken the zone of 1.3554 and formed a higher high pattern. We expect a good run as long as its under the support range of 1.3520.

Signal Idea:

Buy Stop Order @ 1.3562

TP 1 @ 1.3651

TP 2 @ 1.3684

Stop Loss @ 1.3517

Trade Safely 🙂