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tradinggenius12344
Aug 1, 2020 11:59 AM

GBPUSD retest and then continue bullish  Long

British Pound/U.S. DollarFXCM

Description

FX:GBPUSD Due to the technical analysis tools, trendline and support and resistance, both tools are aligned and shows same signal. Previously GBP/USD met a strong resistance level, however at this stage the fundamental suggests USD is continuously going to be weakened. And the previous supply zone is also as same as at the trend line (1.300). Therefore, after the retest at 1.300, the trend will continuously be bullish.
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