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Nicemate

GBPUSD LONG TERM ANALYSIS - MONTHLY TIMEFRAME

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Nicemate Updated   
FX:GBPUSD   British Pound / U.S. Dollar
5
0
Possible evolution of the GBPUSD pair, on the monthly timeframe.
GBP will probably consolidate towards the psychological level of 1.300, then it will be possibly bounce.
Let's monitor the area and try to find an entry level on smaller timeframes, when the time comes.
Comment:
Consolidation:

snapshot
Comment:
Here we go. Time for Long.
Target (short to medium term), in the 1.3890 area

snapshot
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