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forexology

GBPUSD LONG

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
forexology Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
3
0
trendanalysis
With support 1.2500 still intact going into this week I expect another rally to the upside to retest 1.2800 level as long as 1.2500 is not broken. Buy the dips all the way to the retest of 1.2800 resistance where we should see a reversal to the downside to retest previous support as 1.2800 is quite a strong resistance level.
Happy trading :)
Comment:
with 1.2500 support intact bullish bias still prevails, break of 1.26650 resistance will pave the way for a retest of 1.2800.

Happy trading :)
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