GBPUSD | Local Retracement

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Initiate Long.

Entry - 1.30544
TP1 - 1.31270
TP2 - 1.32035
TP3 - 1.32694
SL - 1.30313

Reason: Price was supported by Channel's support level. We can initiate a long position when Price break S1 resistance, also you can wait for Ichi Cloud resistance to be broken, before to initiate a position.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.