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Stone_Haven

💡 GBPUSD: The upward momentum is consolidated

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Stone_Haven Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis GBPUSD gbpusdanalysis gbpusdlong gbpusdsignal trendtrading tradingsignals trading forexsignals Forex
2
0
trendanalysis indicator fundamental gbpusd gbpusdanalysis gbpusdlong gbpusdsignal trendtrading tradingsignals trading forexsignals forex
Following the establishment of a bullish pattern near the 1.2200 support zone, GBPUSD is experiencing a resurgence in bullish momentum. Our current stance maintains buy positions based on earlier signals of a bullish reversal, including the double bottom pattern and the price breaking through the existing structure. It is advisable to retain these positions with the target set around 1.2400.
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