Bolems

GBPUSD breakout

Long
FX:GBPUSD   British Pound / U.S. Dollar
Yesterday’s market shows that GPBUSD as been ranging throughout the day. The market was unable to break the high of a day before and like wise unable to break the low as well. The analysis as shown that GPBUSD is gathering up for a volatile breakout. The breakout in GUBUSD should be Carried out between today’s market or a day after. No concrete evidence yet to explain the main direction of the breakout but it is expected that it might still obey some psychological levels before the breakout. Expecting a bearish during the Asia session, short bull in the London session then NY session can now decide the direction of the breakout.

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