Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈GBPUSD has been overall bullish, trading within the rising channel marked in green.

Currently, GBPUSD is undergoing a correction phase.

Moreover, it is retesting massive demand zone in blue.

🏹 Thus, the highlighted green circle is a strong area to look for trend-following buy setups as it is the intersection of the blue support and lower green trendline acting as a non-horizontal support.

📚 As per my trading style:
As #GBPUSD approaches the green circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
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TheSignalyst
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