ap8forexchange

GBPUSD Forex Weekly - 27 - 31 July 2020

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
GBP/USD rises to the highest level since March 12. Acceptance above 1.2813 (June 10 high) will likely cause more buyers to join the market, leading to stronger gains toward 1.32.

Price is on bullish uptrend channel and heading towards upper line, clearly a trending market is going on and expecting to hit upper line resistance key level as dollar weakness across the board

Comments

Nice one, we have a similar view on this piar! Upvoted
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