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GBPUSD Update: Resistance Breakout

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
chartreader_pro Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators GBPUSD
5
0
trendanalysis indicator gbpusd
"The U.K.’s opposition Labour Party suffered a dramatic split on Monday morning after a group of its politicians decided to leave in protest over leader Jeremy Corbyn’s handling of Brexit."

Markets are pricing this development "GBP positive"

Break Above 1.29400

Targets: 1.29800 1.30300 1.31000

Comment:
Reached the second target. Generated 110 pips so far. We move Sl to entry.
snapshot
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