KENJICHEN

0208-GBPUSD Analysis.

Long
FX:GBPUSD   British Pound / U.S. Dollar

GBPUSD
Pound just complete the correction to 1.2870 yesterday, so it will have chance to start second uptrend to test trend line resistance at 1.3000 and 1.3050.
So long GBPUD first for second rising opportunity, and anticipate pound will close above 1.2950 today.
Another long opportunity is at chart time around at 12:00.

Support: 1.2900 / 1.2925

Resistance: 1.2992 / 1.3050

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