GBPUSD: Bullish Divergence on the 1H Chart

There are multiple divergences on the chart that seemed to have provided valid signals.
A few hours ago there was a bullish divergence at the time when the price touched and bounced off the support-line.
Price went up a few pips and probably is now in a pullback phase, so it might be a good opportunity to enter the trade.
The profit target is at 1.236 - just below the red resistance line.

Dagangan ditutup: sasaran tercapai:

Profit-Target was hit as predicted!

Komen: