GBPUSD LONG
FORGOT TO POST EARLIER. BUT AS WE CAN SEE GBP USD IN UP CHANNEL. ADDITIONAL DOWNTREND BROKEN. FURTHERMORE PRICE BROKE OUT OF AND RE-TESTED FALLING WEDGE WITH KEY SUPPORT LEVEL DIRECTLY BENEATH AT 1.355 HANDLE, PUSHING PRICE FURTHER UPWARD. USDOLLAR IS WEAK AND I EXPECT PRICE TO BREAK THROUGH 1.4 HANDLE, BY END OF NEXT WEEK. THERE IS A MONTHLY RESISTANCE IN 1.42355 ZONE. BULLISH MOMENTUM IS STRONG.
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on the way
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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.