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GBPUSD - Long Opportunity, nice Risk:Reward short term set up

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
PlatinumUniversity  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Harmonic Patterns GBPUSD gbpusdlong
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trendanalysis chartpattern harmonicpatterns gbpusd gbpusdlong
Price continues to trend up nicely, until broken the set-up remains bullish

We’ve now broke back into the horizontal channel & confirmed that as new support - the next hurdle is the channels resistance which sits at 1.38925

The RSI is now showing bullish divergence so I’m entering another pending order

**GBPUSD**

Buy Limit - 1.37700

TP1 - 1.38000
TP2 1.38500

SL - 1.37490
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