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Official_Piyath

Trend Line Bounce on GBP/USD (Daily)

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Official_Piyath Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Trend Analysis
4
3
chartpattern trendanalysis
After analysing GBP/USD on the daily chart, I can see that it has the potential to bounce off the trend line and move in the bullish direction as the market had already touched the trend line at this point 3 times previously and this point has a high probability of pursuing the same movement. Once this has created a bullish candle, I would be looking to go long up until about the resistance point where all prices couldn't push back.
Trade active:
Guys if you entered like I said, you will be up by 70 Pips right now. Well done. Don't close yet. We have a huge target.
Trade active:
To help you guys even more, put your TP as 1.27282. If our target is hit, you would have successfully banked, 285+ Pips.
Comment:
So far if you guys had taken this trade, you would be up by 100+ pips.
Trade closed: target reached
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