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OraclePips
Nov 17, 2022 6:45 AM

GU UPDATE: STRONG BULLISH CONTINUATION Long

British Pound/U.S. DollarFXCM

Description

This is a simple technical analysis. The cable is in control of the market. With the present market condition, the market may experience a more bullish move into the coming week. The price is completely above the inner and outer trendlines, as a result, we remain bullish until the market pulls back and breaks below the level of 1.183.

Profit Target: Our first take profit target is 1.1938, and the second take profit target is 1.1866. Stop Lose: 1.1816
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