GBPUSD Mid Channel Counter Trend Bounce. (LONG)

FX:GBPUSD   British Pound / U.S. Dollar
There is a Bear Gartley working on a HTF, so have to consider this as a counter trend idea (gulp...usually doesn't turn out well when I state this in my notes).

However, price has been very directional since the breakdown at the resistance trendline and therefore, a retrace is due, imo .

RSI , the best indicator out there, bar none, imo is divergent with price and is now breaking to the upside.

A good long opportunity should soon present itself.


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