the pair just broke above th trendline and retested the same. Look at this simple chart and try to understand the structure this pair is forming after Fed rate hike . Also, the dollar is losing it's ground, expecting it to drop in coming days thus giving push upwards to GBPUSD.
Good luck
waiting for price to break 129.94 support level and then look for retest opportunities to sell this pair' Good luck guys
Note:- This is not a signal but my own technical anaysis for this pair, please trade responsibly and at your own risk.
Price is still in consolidation phase. The breakout will decide the further trend. Also the pair is on a strong daily support zone 135.40 level. watch for price to break and retest the levels...cheers!!!
