Mrforex007x

GBP/USD Strong resistance and support!! still in uptrend range

FX:GBPUSD   British Pound / U.S. Dollar
The pound still seems to be within the uptrend lines. this is backed by the strong support that lies between 1.3985-1.4010 area and this strong support has previously been resistance 5 times since February. the strong resistance for the uptrend to continue is at the 1.4240-4255 range and it has already been rejected 3 times. the pound seems to be ranging from 1.4130-1.14210 area which seems like a good opportunity for scalpers to win some pips.
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.