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LiamsAnalysis

GBP/USD BREAKOUT TO UPSIDE?

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
LiamsAnalysis Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis
44
6
trendanalysis chartpattern beyondta
Following 3 successful trades with trend, fundamental & technical confluence, we appear to be attempting a breach of the descending wedge, I believe due to the UK restarting their economy and the US Covid 19 cases growing at a quicker rate, the GBP will be favoured temporarily Will hope for higher CPI figures to be achieved by the UK on July 15th
Comment:
After a patient wait of 11 trading days, my final take profit region was triggered beautifully at 1H resistance at 1.276
Awaiting further data before planning next move by GBP
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