AtlasTrades

GBPUSD can make retest and then contniue move up

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Hello my friends, today I want to talk to you about GBPUSD.

I made a few conclusions about British Pound.

Not time ago price bounced from support area inside of upward channel.

Now price trades near of support area.

I expect that British Pound can make retest to top part of support area at $1.1960

Then I think that price can bounce and continue move up.

That's why I set up my target at $1.2300 level.

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

And please don't forget to support this idea with your like and comment, thanks.
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.