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KENJICHEN
Apr 12, 2019 12:38 PM

0412-GBPUSD Analysis Long

British Pound/U.S. DollarFXCM

Description



GBPUSD
GBPUSD rising hardly in Euro market and break trend-line pressure with little retracement. As we can see, it is fourth time to test resistance at 1.3120, if GBPUSD can breakout the line may have huge momentum to push up.

Therefore, we should better consider long Pound in US market, the price around 1.3100 will be a good level too long.

Support: 1.3094 / 1.3075
Resistance: 1.3120 / 1.3148
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