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GBP/USD

Yesterday we were looking for a rise of the pair after he tested a rising diagonal line.
Unfortunately the trade failed because the pair continued to plod around at the diagonal line, which is also a support area (the level of 1.4400)
This morning as we can see on 4 hours chart, there is another opportunity to look for a start of anew rise.

The pair created a bullish engulfing pattern and crossed above the 13 moving average.
Also, the averages of the stochastic oscillator made a cut facing up from an oversold area.

For Forex traders:
Buy between the levels of : 1.4420 – 1.4445.
Stop loss point :1.4380.
Take profit point : 1.4600.

For Binary options traders.
A call option between the levels of : 1.4420 – 1.4445.
Expiry time : May 10 at 20:00.