GBP/USD Trading Analysis (26/08/2025)
The trend is up. The currency pair is trading in the range between 365 and 135 ЕМАs. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the start of an ascending wave structure when wave A breaks the sloping channel of a descending truncated structure.
- Stop-loss at 1.3445.
- Price targets are 1.3520 and 1.3543.
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