GBPUSD Channel Up on (1h) bottomed.

The GBPUSD pair is trading inside a Channel Up.
The price made contact with its bottom today and is giving a buy signal.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 1.2800 (+1.50% rise, same as the last bullish wave).

Tips:
1. The RSI (1h) hit the same level as on November 26th. That was the previous Higher Low of the Channel Up.

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britishpoundChart PatternsForexGBPGBPUSDTechnical IndicatorsTrend AnalysisUSDDJ FXCM Index

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