GBP/USD has broken above the key resistance zone and is holding above it.
As long as price stays above the breakout area, further bullish continuation is expected.
The next potential targets for the upside are 1.3519, 1.3602, and eventually 1.3687.
Buyers are currently in control, and as long as price holds above the support, bullish bias remains strong.
Traders should manage their risk carefully as price approaches the higher resistance levels.
As long as price stays above the breakout area, further bullish continuation is expected.
The next potential targets for the upside are 1.3519, 1.3602, and eventually 1.3687.
Buyers are currently in control, and as long as price holds above the support, bullish bias remains strong.
Traders should manage their risk carefully as price approaches the higher resistance levels.
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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.
Join the Telegram channel for high-quality market analysis and precise opportunities.
Regular analysis, clear trade ideas, and strong strategies are available to guide you.
Regular analysis, clear trade ideas, and strong strategies are available to guide you.
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.