# Uptrend on GBP/USD (January 13, 2014) Source: https://www.tradersway.com/resources/market-info/uptrend-on-gbp-usd-january-13-2014/ Language: en Updated: 2014-01-13 Description: Explore Uptrend on GBP/USD (January 13, 2014). GBP/USD is still on. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. GBP/USD is still on an uptrend, despite the sharp selloff that occurred recently. The pair has just bounced off the bottom of the rising channel on the 1-hour time frame as indicating potential rallies. Stochastic is moving out towards the overbought zone, which means that further rallies might be short-lived, possibly until the recent highs around 1.6600 or until the top of the channel near 1.6700. ![Uptrend on GBP/USD (January 13, 2014)] Going long at market with a stop below the channel and a target of 1.6700 could make a good return on risk for a short-term trade. Moving the stop to entry once price tests the previous highs can minimize exposure later on. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/uptrend-on-gbp-usd-january-13-2014/#primary", "url": "https://www.tradersway.com/resources/market-info/uptrend-on-gbp-usd-january-13-2014/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/uptrend-on-gbp-usd-january-13-2014/", "headline": "Uptrend on GBP/USD (January 13, 2014)", "inLanguage": "en", "datePublished": "2014-01-13T12:52:34+00:00", "dateModified": "2014-01-13T12:52:34+00:00", "articleSection": "Market Info", "description": "Explore Uptrend on GBP/USD (January 13, 2014). GBP/USD is still on. 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