GBPUSD: The price is GROWING up to the WEEKLY RESISTANCE

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🟢Forex Pair:
GBP/USD

⚪Technical Analysis:
Since the 4th of February 2021, the price has been following an interesting uptrend, after a strong bullish impulse got on the level at about 1.35840, perfectly matching with a rejection on its ema 200 as well.
As you can see in the chart, the price seems is following the secondary trendline, breaking throught a daily S/R zone at about 1.39800 just few days ago.

🔴Conclusion:
In the daily time frame we can properly see a bullish market and I'm confident to see a trend continuation after an upcoming trend correction.
I'll be waiting for a pullback on its S/R zone and close to its secondary trendline before planning my long position on this trade.
Right now, I'd only keep this market in my watchlist!hypotheticalhypothetical


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⚠️Please note the views are not investment advice and should be used only for educational purposes⚠️

Trade Safe and Responsibly,
Gianni