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GBPUSD Daily Long, bullish Flag formation and MA 200 bullish

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Paun British / Dolar A.S. (FX_IDC:GBPUSD)  
Quadricolor  
FX_IDC:GBPUSD   Paun British / Dolar A.S.
Support and Resistance Flag Moving Averages GBPUSD LONG gbpusdlong FLAG Bullish Patterns
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supportandresistance flagpattern movingaverage gbpusd long gbpusdlong flag bullish
There is a bullish flag formation, supported by the price above a bullish 200 MA and a break of the rising trend channel. This is all supportive of an upward price move. The risk reward ratio is at 9:1 with stop loss just under the lower channel of the flag. I don't see GBP strength against the USD, rather USD weakness against the GBP (see DXY). Trend is up, the trend is your friend!
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