rjoshicool

GBPUSD can see a pullback

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSd reached a critical support level of the trendline. If we see the candle that touched the trendline, buyers have come in control and were able to raise the price instead of a great fall.
For me, it is a false breakout and we can see an upward movement from here.
Probably the next target is 1.297

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.