Hello traders,
GBPUSD is on a strong trend up after being support by the green level on weekly chart.
It rised up fast and running outside BB now. But the green resistance level is not considered as valid breakingthrough.
Actually it went too fast and now being a little be outside.
It might get a rejection from upper band and waiting for another impulse leg to break through the green level to reach 1.29 in next few weeks.
Good luck!!
LESS IS MORE!
GBPUSD is on a strong trend up after being support by the green level on weekly chart.
It rised up fast and running outside BB now. But the green resistance level is not considered as valid breakingthrough.
Actually it went too fast and now being a little be outside.
It might get a rejection from upper band and waiting for another impulse leg to break through the green level to reach 1.29 in next few weeks.
Good luck!!
LESS IS MORE!