Presented is a 1 hr chart buy scalp idea.
As I mapped out we can see a straight channel in play between resistance of 1.68100 and support of 1.66700. If you trade this pair we know we get choppy movements so patience is a must to retest top resistance.
I am relying heavily on RSI and SRSI movement. SRSI is correcting within oversold zone with current bullish...
Go for the BUY in gbpusd. In Uptrend whenever there is a straight channel it always breaks to the upside. It will move upside with the same size as below the straight channel. We will also see sell opportunity from top so get ready for that also.
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