GBP USD long swing trade

FX:GBPUSD   British Pound / U.S. Dollar
1. As you can see we have a regular bullish divergence on the 4hr timeframe

2. In addition to this we are currently in a falling wedge

3. If we break to the upside and use my resistance area (black line) as support which is a key level we could see upwards of 300 pips

4. Signal to enter would be a bullish candlestick formation of the support area

4. In addition to this analysis UK parliament have said they wont leave the EU without a deal which could rally the pound
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out