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J_Graystone J_Graystone GBPUSD, 60,
GBPUSD: GBPUSD Relief then TC
649 0 14
GBPUSD, 60
GBPUSD Relief then TC

Looking at this pair, like many pairs, we have seen some directional breakouts this week and last. Price action is forming this rising channel and when we see this type of movement with RSI divergence, more often than not we see a period of relief. Although I'm only looking for the trend continuation, many of you counter trend traders may be eyeing up this zone ...

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