GBPUSD

My favorite chart

We are in a downtrend chanel.
As usual 2 options

If we break par the upside, target will be 1.4985-1.3502 = 0.1483

so taget would be seen arround 1.4750 + 0.1483 = 1.6233

On the opposite side
if market break it by downside, then it will be 1.3502 and then 1.25 the canal support

I am betting the upside due to the bullish divergence on the MACD and RSI.

Buy at 1.4750 target 1.62 SL 1.4150
Sell at 1.4150 for 1.35 and 1.25 SL 1.4605