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Mahtab_Tradia
Jun 12, 2023 4:19 AM

GBPUSD Upside Continuation? Long

British Pound/U.S. DollarFXCM

Description

As you see in the 4H timeframe, GBPUSD has a clean strong bullish structure. Price has made higher highs and lows.

Moreover, it has broken the yellow zone and fixed above it which was a resistance before and now it has turned into a support zone.

If price makes a higher high and breaks the red resistance level at 1.2582, I expect a continuation on the rise to 1.2637

What do you think? Tell me :)
Comments
InkyGrip
nice Analysis, GBPUSD needs to create a new breakout from the resistance
ArmanShabanTrading
outstanding.
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