GBP/USD Technical Analysis
We are seeing a strong rise in the price to above the major round number at 1.2500 and an invalidation of the former resistance at 1.2484 as the price breaks bullishly out of its ascending price channel.
so a bullish bounce there following a bearish retracement could be the right entry for a long trade today, if it sets up, targeting the next key resistance level at 1.2571.
so a bullish bounce there following a bearish retracement could be the right entry for a long trade today, if it sets up, targeting the next key resistance level at 1.2571.
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