GBPUSD continues GROWTH from SUPPORT line

The price continues to rise in an uptrend that started after a slight drop in September this year. In early November, the price was able to break through the support line 1.318. And, despite several false breakouts, it moves above this line with the prospect of growth.

The pair came to the resistance zone 1.362 last week. This is a very strong zone, as it is formed by the resistance lines of 2018 and 2010! There was a risk that after touching such a strong zone, the price would collapse again. But, as we see on the chart, the price made only a false breakout of the support at 1.330, after which it rose above it again.

In addition, the price has already completed the rollback and correction, thereby gaining a foothold on the line. Which became a good basis for new growth. The price pushed away from the support and started to rise, so now I expect it to come to the 1.359 resistance line. This will be our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻