GbpUsd- to break above resistance?
Since the recent low of just under 1.37, GbpUsd traded to the upside putting in a series of higher lows on our chart.
The long term trend is clearly up and I believe that a break above recent short term resistance will follow.
Considering we are speaking about Gbp, a spike under 1.38 is very probable and this can be a good opportunity for bulls to enter the market.
1.4 is a reasonable target and, on the other hand, a daily close under 1.37 would negate this scenario
The long term trend is clearly up and I believe that a break above recent short term resistance will follow.
Considering we are speaking about Gbp, a spike under 1.38 is very probable and this can be a good opportunity for bulls to enter the market.
1.4 is a reasonable target and, on the other hand, a daily close under 1.37 would negate this scenario
Catatan
Gbpusd is trading above resistance.A daily close above this level would confirm my bullish outlook and expose 1.4
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.