long till trendline is valid : Ranging inside flat channel

Hello Traders,

looking at chart we can see that gbpusd is currently ranging inside flat channel , where as in daily chart price has retested descending channel bottom and might move higher , therefore we would like to keep Bullish bias on this pair and will try to look for long entries from bottom of range or break above range.

In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .

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