Navigating GBPUSD unveiling the Resistance zone

It sounds like you're analyzing the GBP/USD currency pair with specific focus on recent price levels and potential future movements. Here's a breakdown of your analysis and some additional context:

Breakout from 1.2743: This suggests that the GBP/USD pair has moved above the 1.2743 level, which you likely consider a significant breakout point.

Resistance at 1.27020: This level likely acted as a previous resistance that the price has overcome, confirming the bullish sentiment.

Next resistance at 1.27750: After breaking the 1.2743 level, you're identifying 1.27750 as the next key resistance level that traders should watch.

Bullish sentiment: The overall tone of your analysis suggests that the market is currently bullish, meaning you expect the price to continue rising.

"Dancing to the target": This phrase indicates that the price is moving towards the next target or resistance level, which you have identified as 1.27750.

Trade closed: target reached

It sounds like you successfully predicted the bullish movement of the GBP/USD pair, with your target of 1.27750 being hit. Congratulations on the successful trade

traders if you liked this chart so write your opnion in comments thanks

MrCharlie1

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