Lordvitus

The Bullish move on GBPUSD that we all seem to have been waiting

Long
FX:GBPUSD   British Pound / U.S. Dollar
Well as we traders all know and have been witnessing the turn-around in prices of goods and services due to the impact of the Global Recession ongoing, and due to the breakout of the war between the Ukrainians and Russians making the dollar have a strong increase in value and becoming a safe haven for other big-time investors for a couple of months now, From my analysis here in the GBPUSD pair if you look closely enough I think you would begin to see that the dollar seem to be having a downside now giving way for the rise of the Pound back up to the level of resistance on the Trendline shown in the picture above, Following a sequence of Fundamental analysis and with the positive turn up of News upcoming this week i begin to see the signal of a long bearish reversal indicating a long buy option on the GBPUSD pair.

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