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Gold_D_Roger

GBPUSD Update

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Gold_D_Roger  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Fibonacci Forex GBP USD pound dollar forextrading forexsignals forexanalysis
3
0
trendanalysis chartpattern fibonacci forex gbp usd pound dollar forextrading forexsignals forexanalysis
GBPUSD has broken out of the channel, validating it as support after touching and rebounding off the 0.786 fib level where it is at.
Now, it is currently rising above the 1.0 Fib level, I see an upside continuation with technical indicators MACD crossing into the green in the buy zone and heavy sell volumes (big red volume bars) failing to reverse GBPUSD's bullish momentum.

Target will be 1.618 Fib level

Best Regards,
GOLD D ROGER

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