The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The inclined channel of the descending pattern is broken. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
GBPUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy when a 1-2-3 ascending pattern is formed.
Stop Loss: 1.3100.
Target levels: 1.3228; 1.3300.