GBP/USD Analysis
After a rather long spell of weeks and days of consolidation and multiple rejections of the support level priced at 1.30040, price has broken through July's monthy high level priced at 1.31710 which was a strong level of resistance.
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Analysis will now be to see how price reacts and whether we can continue this bullish upward movement.
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New target is for price to reach 1.35205 should price continue this bullish momentum.
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Analysis will now be to see how price reacts and whether we can continue this bullish upward movement.
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New target is for price to reach 1.35205 should price continue this bullish momentum.
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