KENJICHEN

0225-GBPUSD Analysis

Long
FX:GBPUSD   British Pound / U.S. Dollar

GBPUSD
Pound pullback to 1.2970 last week after triple test to resistance, then quickly bounce back and close up above 1.3050.

Its obviously, market have confidence on Brexit progress and UK economic.

I anticipate GBPUSD may breakout the trend line and test 1.31 again when the positive mkt news reveal.

Support: 1.2990 / 1.3027 / 1.3054

Resistance: 1.3072 / 1.3100

Like if you trade, make Ideas or comments with me :D
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.