GBPUSD — Bullish Divergence TradeBRITISH POUND / U.S. DOLLARFX_IDC:GBPUSDsaimabdI analyzed GBPUSD on the one hour chart and executed the trade on the 15 minute chart. Price had been in a downtrend before entering a prolonged consolidation phase, which I marked on the chart. Price then formed a lower low while the RSI formed a higher low, creating a bullish divergence and suggesting that bearish momentum was weakening. I entered a long position using the 15 minute chart and placed my initial stop loss at the swing low. My take profit levels were: - TP1: 1.3302 - TP2: 1.3362 - TP3: 1.3422 I check the trade periodically and have an alert set at TP1. As price moves in my favor, I trail my stop loss accordingly.