🇬🇧 GBPUSD 🇺🇸 - Development potential implies growth
The US market got bad GDP data yesterday. This is well reflected in the euro and pound sterling as the base currencies of the forex market. The growth will continue in the medium term. The price fixing above the area of 1.27 - 1.273 will give a good signal for growth
Prerequisites for further growth ↑
1) bullish trend + favorable fundamentals
2) Breakout of local resistance
3) Break of daily resistance
4) Consolidation and rebound from support
Prerequisites for further growth ↑
1) bullish trend + favorable fundamentals
2) Breakout of local resistance
3) Break of daily resistance
4) Consolidation and rebound from support
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