financialflagship

GBP/USD – Week 36 – Bullish signs for this week.

Long
FX_IDC:GBPUSD   Britisches Pfund / US-Dollar
Last week, we expected the British Pound to break the low once more after the consolidation is over. Instead, the price went into a deeper than expected pullback.
In the coming week, we foresee the price to gain small bullish momentum until it reaches the resistance level highlighted on the chart.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.


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