GBP/USD looks set to extend its gains
A potentially nice setup is forming on #GBPUSD.
High trading activity around 1.2718 during its prior decline could act as a magnet for prices on the daily.
The 200-day MA has flipped from resistance to support and no immediate signs of a top on price and OBV is confirming the rally.
A strong trend has formed on the 1-hour chart with a potential bull flag. The monthly R3 pivot is capping as resistance, but a break above last week's high assumes bullish continuation.
Even if prices retrace first to invalidate the bull flag, it looks like a decent candidate for bulls to seek dips to my eyes and a move towards 12.7.
High trading activity around 1.2718 during its prior decline could act as a magnet for prices on the daily.
The 200-day MA has flipped from resistance to support and no immediate signs of a top on price and OBV is confirming the rally.
A strong trend has formed on the 1-hour chart with a potential bull flag. The monthly R3 pivot is capping as resistance, but a break above last week's high assumes bullish continuation.
Even if prices retrace first to invalidate the bull flag, it looks like a decent candidate for bulls to seek dips to my eyes and a move towards 12.7.
Trading ditutup: target tercapai
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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.