GBPUSD is seeking toward to another moving range in next week.

GBPUSD
GBPUSD moved in a range between 1.33320 and 1.30448 (290pips) since the 2nd of Oct until now, and the price tried to take a break out on both 1.33320 and 1.30448 twice already, the 5th or the 6th touch on the top or bottom price will be a break out signal, if the bar stand above the price 1.33320 or run below price 1.30448.

If the price bar trigger the point , I respect the price move up toward to the price 1.35897, alternatively, if the price fail below 1.30448, it will be move toward to another lower price 1.27870.
Trend Analysis

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