Yuriy_Bishko

GBPUSD bounced off the Level!

FX:GBPUSD   British Pound / U.S. Dollar
This Resistance level 1.26503 is too strong now.
That means we should wait for the more strong impulse to break it later.
Even if the price will pullback to the previous support near 1.22468 I don't want to open sell because of the global bullish trend .

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Comment: 4 times on the younger timeframe
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Comments

nice analysis
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Yuriy_Bishko suzanqumar
@suzanqumar, thank you!
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Thanks Yuriy
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Yuriy_Bishko qahtan123456789044
@qahtan123456789044, you are welcome
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Strongly agree with you mate. Not convinced to sell. It has very potential to break above 1.2800 and can reach 1.3200 in the end. Too optimistic.
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Yuriy_Bishko DragonCaptain
@DragonCaptain, thanks for your thoughts
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Thanks Yuriy for nice analysis and great research. Good LUCK...
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@nrmt2010, thanks for your support
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Interesting observation.... USD will weaken against cable, for sure (but when and how, operators will decide, he)
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@sisapis, ))so, we should wait for their decision)
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