maglite55

GBPUSD Consolidation for breakout

Long
FX:GBPUSD   British Pound / U.S. Dollar
3
Trend is still bullish
-Price still above 200MA / EMA still pointing up
-Weak DXY chance of further capitulation if Trump tax plan fails to impress
- Positive data pull along with Europe
-Optimism high on UK data and politics


target 1.31 Topside TP1
SL 1.27
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.