The_Cannalyst

New Buying-Wave?

Long
The_Cannalyst Updated   
FX_IDC:USDGBP   U.S. Dollar / Pound Sterling
16
USDGBP seems to be bullish anymore.
Shortterm view: The shortterm uptrend still remains intact.
Prices above 0.7140 will open the way to the BIG ULTRALONGTERM PIVOT RESISTANCE LEVEL @ 0.7255
In march the Pair has tested this Level but could not beat it at the first attempt.
If the Pair could beat this BIG RESISTANCE, new HIGHS can be exspected for the Long run. The First TP could be 0.7435

The midterm view Shows a big tradingbox which reaches from 0.598 - 0.723. A breakout through the upper edge could generate a longterm TP @ 0.84

Trade closed: target reached
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