blacpeaz

Coming week Analysis for the Cable 5th March 2019

Long
FX:GBPUSD   British Pound / U.S. Dollar
With the NFP news release, the GU has further remained aggressive to the upside after retesting the 50% fib level which was an area of interest for me as that was where i had my support and price bounced upward. On the 15mins TF, we can see price forming a continuation pattern and i look forward to more bulls to dominate the market till the resistance level around the 1.33 range.
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.