chartreader_pro

GBPUSD : Cable testing the resistance

Long
FX:GBPUSD   British Pound / U.S. Dollar
Cable is above EMA 50 and EMA 100. RSI headed North.

If it closes above 1.39800, it is likely to test 1.40280 and 1.40600.

Breakout of the triangle will trigger the Bulls.
Comment:
Cable tested the triangle resistance and pulled back. Correction Fib 23.6 1.40230 and 38.2 1.40000 . Good levels to enter LONG.

For alerts,charts,special reports,news and singals over 15.000 + instruments contact us via pm or our free Discord: discord.gg/Ku9kzfq

Link to services and products: linktr.ee/chartreaderpro
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.