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Ometrading

Wave breakout structure- GBPUSD

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Ometrading Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis GBP USD dollar libra breakout Forex trading wave Support and Resistance
3
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trendanalysis waveanalysis gbp usd dollar libra breakout forex trading wave supportandresistance
Last days we saw a reject from the price to the resistance level, creating a bearish correction of the last wave. As we see, correction has been broken, and if price stays above the resistance, we can expect a new bullish wave.
Next resistance level-> 1.34
Comment:
Price is moving high as we expected. Our stop loss is moved to breakeven.
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