DavidPascucci

GBPUSD, Monthly Outlook for November (LONG)

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
INTRO: GBPUSD is currently facing a downshift on its major trend, helping the stregthening of the US dollar in the long run. The US dollar appreciation could be a problem for the long run perspective, so could be possibile to see an appreciation of the majors against US dollar for the next months

OUTLOOK: Looking at the monthly charts, there is a strong Buy Area between 1,3570 and 1,3670. So, for the month, is possible to see the major going to this area and then going up to 1,39

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