MarkMarkets

Constant timid growth

Long
FX:GBPUSD   British Pound / U.S. Dollar
After touching the lowest price since the '80s GBPUSD entered in an upward channel. EMA 20 is over EMA 50, MACD didn't give important divergent signals, the price never broke the channel for now so we are confident of the climb. First take profit is based on the Fibo's level of 0.38 (1.54205), if the price broke this level next take profit will be the important resistance of 0.50 Fibo at 1.64944
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