PITCHFORK - Forex GBPUSD Weekly Analysis June 25th - 29th 2018

For GBPUSD this week, it appears few retest on the lower line pitchfork over the past few weeks but prices are still hovering around this area. Expectations of this analysis, if prices continue to surpass the market's upper line pitchfork it might be able to continue the upward momentum. We can also be seen in the price of making a reversal in the median line last week. Therefore, on this week analysis we makes the decision to going long and the target price this week is on fibo line 2.618