BandmanB3

GBP-USD trade setup

Long
FX:GBPUSD   British Pound / U.S. Dollar
Looking bullish on GBP-USD, As you can see both resistance and support both have been tested multiple times, indicating strong trend pattern. Add a little technical analysis with the upcoming news forecast on forex factory, and there you go. Still a beginner/student to the game, always looking for constructive criticism so feel free to comment, give a follow if you'd like to see more. Also decided not to go for tp 4 just to play it safe.

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.