GBPUSD 1H Uptrend – Entry Opportunity at Channel Support

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GBPUSD 1H Uptrend – Entry Opportunity at Channel SupportBritish Pound/US DollarFX:GBPUSDparham_hmGBPUSD is moving inside an ascending channel on the 1H timeframe. The price is now testing the channel support, which could offer a good entry point in line with the trend. The advantage here is a tight stop-loss just below the trendline, keeping risk under control. As long as the price holds above the ascending trendline, the bullish scenario remains valid; but a channel breakdown could trigger a deeper correction.