Cable's next weekly resistance zone - 1.48-1.5

FX:GBPUSD   British Pound/U.S. Dollar
7 months ago
Since the latest Brexit Poll, GBPUSD             exploded from 1.4 to 1.46.
That was a continuation move for the rally that started from 1.38 after the completion of a bullish Crab
GBPUSD             was the only currency among the Majors the defied the dominance of the mighty Dollar..

Now it is reaching a weekly resistance you should pay attention to - 1.48-1.5.
Weekly structure and the 50 weeks MA line may prevent GBPUSD             from advancing higher and perhaps send it lower for a short term pullback.

Tomer, The

Follow me on TradingView
Follow my blog -
Subscribe to my mailing lists -

7 months ago
Trade closed manually: Bearish setup reached target - Testing support before Brexit
Weekly Analysis -

Tomer J,
The Market Zone - You trading Edge
Visit my website -
Blog -
Youtube -
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out