Trade Recommendation: GBPUSD
The market moves in the borders of the horizontal price channel. Now we have a price reversal from the bottom level of the price channel. RSI confirms price reversal in the oversold zone. MACD histogram supports upward movement. Entry level is above 1.31000 with stop orders at 1.30350 level. Profit targets are 1.32000 and 1.33000 levels. Don’t risk more than 3% from your deposit in this trade.
Profit Targets: 1.32000 and 1.33000