GBPUSD Buy Setup

190
on H4: GBPUSD is overall bearish trading inside our blue channel and it is currently approaching a strong support level 1.30 in green so we will be looking for trend-following buy setups on lower timeframes.

On M30: GBPUSD is retesting our lower blue trendline from H4, so as price approaches our 1.30 support, we will be waiting for a third swing to form around our upper red trendline to consider it valid and buy on its break upward.

Good Luck!

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