Invezted

Gbp/Usd Market Outlook

FX:GBPUSD   British Pound / U.S. Dollar
56 0 2
Context:

price found support at the 50% level of the previous rallie which is a sign of strenght,
we even took out the 50% level of the correction, this pair is still strong. we currently
found a minor resistance level @5700ish any break of it to the upside and we will head back
to the current highs @5800ish

signs of strenght:
rejection at 50% retracement
broken supplyline
broken 50% retracement

signs of weakness:
none
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