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UGTraders
Nov 18, 2018 2:17 PM

GBPUSD be prepared 

British Pound/U.S. DollarFXCM

Description

GBPUSD currently exceeded a resistance level which leads me to expect more uptrend (there are a good news about BREXIT which supported the current up phase and I'm expecting the market will hold on for any downtrend, at least for now) but as always, We should be cautious of any countertrades that might happen.

If the GBPUSD break below the latest support level, that would lead to a VERY quick downtrend!!

Keep an eye, and happy trading!
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