Chart of The day $GBPUSD 04-16-2018

On the GBPUSD daily chart, we can see that the pair is breaking above the strong horizontal resistance 1.4245 level. This break will open a further upside continuation into the 1.4600 level. 

Note: look near-term for the long trade entries with the SL below the 1.4200 level.

GBPUSD price action trading strategy

 

 

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