GBPUSD May Go Higher! Here is Why... 🇬🇧🇺🇸

Long

British Pound / U.S. Dollar (OANDA:GBPUSD)

OANDA:GBPUSD British Pound / U.S. Dollar

Candlestick Analysis Pivot Points Support and Resistance GBPUSD DJ FXCM Index USD dollar Forex trading techincalanalysis

candlestick pivotpoints supportandresistance gbpusd usdollar usd dollar forex trading techincalanalysis

snapshot

GBPUSD nicely respected a horizontal key daily structure support on Friday.
The price bounced and formed a bullish engulfing candle.

Taking into consideration, that the pair is currently trading within a sideways range,
probabilities will be high, that the market will go higher next week.

Next resistance - 1.21

❤️Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

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.