UGTraders

GBPUSD - The same outlook!

FX:GBPUSD   British Pound / U.S. Dollar
Hello my dear friends,

We've mentioned in a previous idea that we expect GBPUSD to go into higher resistance level.

After re-visiting the analysis, the pair still hold the same outlook for the following weeks.

Under any means the prices should not go below the marked support level.

and here it's the potential setup to take on this pair.

If prices went below the support level, I'll update this idea.

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.