GBPUSD: Technical Outlook & Forecast For Next Week 🇬🇧🇺🇸

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Parallel Channel Trend Lines Supply and Demand GBPUSD DJ FXCM Index pound Forex signals forecast gbpusdsignals trading Contains image

parallelchannel trendline supplyanddemand gbpusd usdollar pound forex signals forecast gbpusdsignals trading containsimage

snapshot

GBPUSD is trading in a minor bullish trend within a rising parallel channel on a daily.
The price set a new higher high on Friday, violating a solid horizontal resistance.

It is an important sign of strength of the buyers.
We may anticipate a further growth next week.

Next resistance - 1.272

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Comment:

Growth continues

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