GBPUSD- Long
Equities have been weak yet GBP has continued to rise against the USD which usually acts as a safehaven
Price has been in a bullish rotation and has broken structure and formed a new high, confirming bullish trend
Price is currently forming an extension higher
If price can pullback to killzone starting at 1.26394 look to go long up to 1.27044
Price has been in a bullish rotation and has broken structure and formed a new high, confirming bullish trend
Price is currently forming an extension higher
If price can pullback to killzone starting at 1.26394 look to go long up to 1.27044
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.