FX:GBPUSD   British Pound / U.S. Dollar
Based off my technical analysis, GU is currently in a bullish direction. Price had reached a strong support area, failed to break it. Then at the support area and double bottom reversal pattern was formed. This is what confirms that the bullish move is good. There's also the fact that price broke through my bearish trend line. Price is looking like it will reach 1.4000.

If you agree with my analysis please like or comment your input.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.