GBPUSD, Major BREAKOUT Determined, Ready For BULLISH WAVE!

Hello There!

Welcome to my new analysis about GBPUSD on the 2-hour timeframe perspectives. Considering the fundamentals behind the pair GBPUSD there are interesting indications going on because despite the British economy still struggling by disruption of businesses, a heavily instable housing market, and a declining middle-class the GBP British Pound is showing amazing Signs Of Strength recently as especially the GBPUSD pair is marking upwards leading to strong bullish momentum showing up within the real price-action which is from this perspective the main factor when considering forex pairs such as the GBPUSD. Such mixed fundamental indications can often lead to heavy exaggerated movements into the other direction when the market is turning as it is the case within the forex pair currently.

Technically, the GBPUSD is showing these very strong bullish upthrust´s bouncing several times at the 50-MA and now leading a major breakout above the upper boundaries of the channel-formation ready to complete this decisive triangle-formation and continue with the wave-expansion till further determinations have been aligned. Combining all these signs currently I am expecting the wave-expansion to move on with the continued momentum which is going to lead to the upper target-zones as marked within my chart to be reached within the incoming times. We will keep having this pair on our watchlist and if nothing changes with the fundamental- and technical factors are watching out for the target-zones.

Thank you everybody for watching. It will be great when you support my idea and we move on forward together.
"Great fortune is when opportunity meets preparation."

VP

Comment:

GBPUSD triangle-breakout emerged.

Approaching the target-zones.

Comment:

GBPUSD continued with strong bullish momentum.

All trading-targets have been reached in the schedule.

Trade active

Trade closed: target reached

Comment:

ANALYSIS UPDATE: GBPUSD completed the massive channel-breakout to reach out to all the target-zones in the schedule.

Comment:

ANALYSIS UPDATE: New updates about GBPUSD are being uploaded.

Comment:

ANALYSIS UPDATE: GBPUSD since completing the bull-flag breakout and reaching out all of the target zones moved on to form further formational structures.

In my recent ideas, I have updated the current important sights with GBPUSD.