GBPUSD - Bullish on the pair and targeting 1.626

FX:GBPUSD   British Pound / U.S. Dollar
258 2 1
Looking at the weekly time frame, we can see that the supply level is compacted at the 1.626 price area. With current price at 1.6127, we have about 130 pips to the upside before we will meet some supply.

On the downside, we have the nearest support at 1.594 price area and further down the 1.5729 price areaa.

Yes, its ema 33
Simple and good chart. Like. What is the red line? EMA?
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