GBP/USD has broken the downtrend and started rising upward. But how far it runs? There's a hurdle (1.3016). It can take a reversal from the hurdle level for the levels of 1.2978 - 1.2923. And the downtrend will resume after the breakout of the last target.
What if it breaks the hurdle?
I prefer to take a long position after the breakout of the hurdle level. We may see a continuous uptrend from here. Targets: 1.3053 - 0.3100+
What if it breaks the hurdle?
I prefer to take a long position after the breakout of the hurdle level. We may see a continuous uptrend from here. Targets: 1.3053 - 0.3100+
Trade closed: target reached:
All target of GBP/USD has reached.