VasilyTrader

GBPUSD May Keep Growing Next Week!

Long
FX:GBPUSD   British Pound / U.S. Dollar

GBPUSD is trading within a rising parallel channel .

Next week we can expect a bullish continuation from its support.

The next goal for buyers is 1.2425 structure resistance based on 618 retracement of a major leg.

Comments

Nice chart and hope will be touch 1.25000
+1 Reply
I agree, definitely more room for upside. But I would be careful of the consolidating triangle on the daily...
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Are you bullish biased on GBPUSD pair?
+1 Reply
Thanks for sharing
Reply
Good write up
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Nice set- up
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