GBPUSD: Upside Opportunity

GBPUSD, H2

On the H2, GBPUSD is pushing towards a vital resistance area in a short-term bullish trend. The price bounced to the trendline, but the Stochastic is out of the oversold zone, which usually indicates an upside opportunity.

• GBPUSD could be considered to buy on a bounce from the trendline with a target of 1.3430;

• If the resistance is broken, the growth will be up to 1.3500;