shaxrashid
Long

GBPUSD The Bull of the West!!

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             and EURUSD             have shown true resilience in the last year with a constant uptrend in formation.
There have been multiple bull runs on a frequent basis after it was brutally hit hard and tanked. But as they say
A Set back is a Setup for a come Back. GBPUSD             has been constantly creeping up trying to reach the stability levels.
We can see a slight pull back in GBPUSD             after hitting the resistance level of 1.3850 Area and down to 1.35 support level .
There's a very much possibility of it reaching 1.44 in the coming quarters after rebounding from the 1.35 support level .
Current scenario predicts that we will see a short term sell of from the area mentioned as it is clearly overbought.
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