GBP/USD:BUY from Support Level in Bullish Trend for A LONG Setup

GBP/USD following the correlation with EUR and also the Gold it's inside a Bullish channel where the price is making Higher-highs and Higher-lows. Today the price uses the 50 Moving average as dynamic support to have a new pullback in the direction of the main trend. We are looking for a new Bullish impulse. The release of the economic news about the USD Core PPI m/m and PPI m/m may have a positive affect on the pair if the data will be negative.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.