TheWallPipsJournal

GBPUSD- Revised GDP Performance might let to Short Term Bullish

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

We got the information earlier that there was a revision on the GDP performance of UK. It shows that the country perform actually much better during the last three months. It might let the GBP to have a short term bullish, as I am still seeing that the USD would prevail.

On 1H Chart, there is a break on double bottom previously and now the price is testing the line back. If there is a strong breach on the line, I am going to long the pair.

Happy Trading!
Trade closed: target reached

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