Mihai_Iacob

GBPUSD could test 1.3

Long
Mihai_Iacob Updated   
FX:GBPUSD   British Pound / U.S. Dollar
June was a good month for GbpUsd with the pair rising 500 pips from bottom to the top.
As posted at that time, the nice Pin Bar from support was a good signal for bulls with GbpUsd growing above 1.27 resistance zone and reaching a high at 1.2850
Now the pair is in a much-needed correction and this could offer o good opportunity to join the trend.
That being said, dips under 1.27 should be bought with a target at 1.3 important psychological resistance.
Negation comes with a trice under 1.26
Comment:
GbpUsd almost reached my target.
Is interesting to see if the pair has the power to pass this level

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