Loshan

GBPUSD UP UP Fundamental

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
1 . If the US dollar continues to depreciate, I definitely expect gbpusd to rise to the level of 1.28
Also, 4H has now crossed the support line and is facing a weekly line, which can definitely go up to that level if the dollar depreciates.
However, overall there is an up trend.

2
If the dollar strengthens, GBPUSD may fall slightly. But there is definitely a GBPUSD UP TREND on the Monthly Chart and Fundamental Factors
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.