On GBPUSD price is currently in an uptrend on all timeframes.
Right now, the pair is at significant resistance on the Daily chart, where we expect a breakout.
There were comments yesterday on BOE possibly increasing the interest rate, which led to this upside impulse.
And this move could now continue to 1,4258 and 1,43
You could enter now with a lower risk and add to your position, once you have a clear breakout of the resistance.
Look out for our analysis updates as well as other trading opportunities.
Right now, the pair is at significant resistance on the Daily chart, where we expect a breakout.
There were comments yesterday on BOE possibly increasing the interest rate, which led to this upside impulse.
And this move could now continue to 1,4258 and 1,43
You could enter now with a lower risk and add to your position, once you have a clear breakout of the resistance.
Look out for our analysis updates as well as other trading opportunities.
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
