Prabhu.Ram

Holding above the wedge, expect it to cahllenge 1.5825

Long
FX:GBPUSD   British Pound / U.S. Dollar
1
Hello traders,
This is an update to the long call on the pair. The pair has been holding itself above the wedge and resisting further suppression. Expect the pair to break out of the current range and challenge the resistance and previous high at 1.5825. If you have entered long at the break out and placed the stops as shown, you could move your stops higher around the critical support area at 1.5600.
We will watch for further action on this pair.
Thats it for now!
Happy trading and happy pippin!