Bullish trade idea:
GBP/USD is moving inside an ascending channel. It is now approaching the lower line of this channel and to the 200-session moving average.
What we need to entry?
- Right now the price is in a moment of indecision, we need it to break upwards the zone drawn at the same time as the bearish trend line it has formed in the fall. If this happens, we will wait for a small pullback to make our entry.
GBP/USD is moving inside an ascending channel. It is now approaching the lower line of this channel and to the 200-session moving average.
What we need to entry?
- Right now the price is in a moment of indecision, we need it to break upwards the zone drawn at the same time as the bearish trend line it has formed in the fall. If this happens, we will wait for a small pullback to make our entry.