RLinda

GBPUSD ! Price fixing above support. Growing up 😻

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD , after a strong fall, enters a range phase, in which the price accumulates energy relative to liquidity zones, relative to internal levels for a possible further strong move up or down.

Earlier, a false breakdown of support 1.21675 was made and the price, after returning behind the level, forms a strong impulse and rollback with consolidation.

On the chart, there is a resistance at 1.2325, relative to which the price does not fall, but forms a subtraction from the bottom up.

I assume that the pre-breakout trade can push the price up and break through the level. The short-term target is the upper limit of the range 1.25950.

Sincerely, R. Linda!

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