BullBearMkt

CABLE BIG PIX! - Bullish Wedge BreakOut Targeting 1.5000 In 2021

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Now that GBPUSD has violated the monthly bullish wedge (as explained in our 22/11/2020 post below), bullish rally may commence in 2021! First obstacle is at 1.4000 level which may likely cause the pair to pullback towards the first bullish-order-candle at 1.34000 level (or deeper at 1.25000). Any price rejection from thence will then be targeting 1.50000 and above.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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