As I have written in my previous GBPUSD Analysis and Signal, Bulls succeeded to hit the 1.34700.
This was our second target and gave us 70 pips profits.
As seen in the chart, 1.34700 is the main resistance. Our ultimate target was 1.35500.
The short-term trend is bullish. Break and close above 1.34700 would carry the price 1.35550.
Pullback levels to use as buying opportunities: 1.34300, 1.33970
I will update and publish a fresh trade idea for premium members.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
This was our second target and gave us 70 pips profits.
As seen in the chart, 1.34700 is the main resistance. Our ultimate target was 1.35500.
The short-term trend is bullish. Break and close above 1.34700 would carry the price 1.35550.
Pullback levels to use as buying opportunities: 1.34300, 1.33970
I will update and publish a fresh trade idea for premium members.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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