walidmaksoud83

Bullish Move GBPUSD

Long
walidmaksoud83 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
The pair is now moving above the bullish price channel after breaching it and retesting it once, to complete the bullish trend to the 1.2680 area, and maintain the bullish trend above the 1.2580 area, in addition to moving above the 200 average, which indicates the continuation of the rise , In case GBP/USD returns within the lower-half of the ascending channel by stabilizing below 1.2560, 1.2520 (Fibonacci 61.8% retracement of the latest downtrend) could be seen as the next support ahead of 1.2500 (psychological level).
Trade active:
the pair move in bullish and achieving targets

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.