FX:GBPUSD   British Pound / U.S. Dollar
2
If price breaks out from the top of triangle then it would be a good opportunity for a long to the upper trendline of larger channel structure, towards red highlighted area. If price breaks from the bottom of triangle then wait for long opportunity to develop at lower trendline of channel, around the green highlighted area. Trade would be invalidated if price breaks out from the bottom of channel structure.

This is just my view of things! Good Luck!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.