GBP/USD great opportunity (repeating double dip/top movement)
In daily chart we can see the GBP/USD is forming the 5th double bottom/top movement. This time 1,193 seems like the support line of this movement. After the second dip on support line, uptrend may start towards to downtrend channel’s resistance which is ~1,26
Strategy: trade long on the second dip time. Stop loss will be the just below 1,193 support line. Target: around 1,26 depending on the close of the second dip. This can make around 5,5% profit in one trade
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