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theforexportal
Apr 15, 2017 9:59 AM

GBPUSD in a rising wedge looking at 1.2574 Long

FX:GBPUSD60
British Pound/U.S. DollarFXCM

Description

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GBPUSD is in a rising wedge pattern and is looking at a retest of 1.2615.
1.2500 looks key and as long as we remain above this level we should move higher.
Under 1.2500 turns the picture BEARISH for a potential move back to 1.2380.
GBPUSDgbpusdlonggbpiusdshorttheforexportal
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