TradingView
KeithanSmith
Jan 13, 2018 4:42 AM

GBPUSD LONG Long

British Pound/U.S. DollarFXCM

Description

FORGOT TO POST EARLIER. BUT AS WE CAN SEE GBP USD IN UP CHANNEL. ADDITIONAL DOWNTREND BROKEN. FURTHERMORE PRICE BROKE OUT OF AND RE-TESTED FALLING WEDGE WITH KEY SUPPORT LEVEL DIRECTLY BENEATH AT 1.355 HANDLE, PUSHING PRICE FURTHER UPWARD. USDOLLAR IS WEAK AND I EXPECT PRICE TO BREAK THROUGH 1.4 HANDLE, BY END OF NEXT WEEK. THERE IS A MONTHLY RESISTANCE IN 1.42355 ZONE. BULLISH MOMENTUM IS STRONG.

Comment

on the way
More