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LockNLos

Break out of consolidation range

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
LockNLos  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns dollar trendtrading marketstructure Forex ukforexsignals GBPUSD GBP (British Pound)
3
0
trendanalysis harmonicpatterns chartpattern dollar trendtrading marketstructure forex ukforexsignals gbpusd gbp-british-pound
From a technical perspective, it looks like we finally have a break out of the consolidation range price has been locked into since the start of October. The overall structure is still bullish as the established higher low now indicates an impulse to the upside.

Immediate target is 1.345.
Swing targets being 1.35
Potentially hitting 1.40 by the end of the 4th quarter.
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