GBPUSD : Price Should Maintain Bullish Volume Above 1.2550 Long

British Pound/U.S. DollarFXCM

Description

⋅ Apr 29, 2023 8:12 PM

GBPUSD: Price Should Maintain Bullish Volume Above 1.2550

On Friday afternoon during the close of the London Market GBPUSD
created a very strong bullish wave by moving in this way above the "Sideways Pattern" where it was developing the price during the last weeks.

It was not related to any news considering that GBP showed strength through all its related pairs.

If the price will maintain the bullish volume above 1.2550 at this point it may grow further.

The only problem is that it can also move down in the same way that it created the bullish wave.

However, for the moment, the pattern is showing for a bullish move.

Thank you and Good Luck!

Comments

FirstNameHelen

⋅ Apr 30, 2023 4:21 PM

Love this style! Thanks for sharing your idea

princeacheampong911

⋅ Apr 29, 2023 8:25 PM

wow .. I will also do some analysis on that pair ...

ProjectSyndicate

⋅ May 1, 2023 11:08 AM

upvoted to support you

Serana2324

⋅ May 1, 2023 5:57 AM

Great! I agree

DeGRAM

⋅ Apr 30, 2023 4:20 PM

Thank you. Great job

FOREXN1

⋅ Apr 30, 2023 12:41 PM

Bravo mate, should be works very well.

TopTradingSignals

⋅ Apr 30, 2023 8:31 AM

Thanks!

SpartaBTC

⋅ Apr 30, 2023 1:31 AM

Resistance breakdown. A local price pullback. If the upward movement continues, it is quite possible that the upward flag targets, or at least some part of them, will be realized.