GBPUSD LONG
Updated
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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