In the last 2 weeks GBPUSD has been moving in the range of 100 pips - from 1.3290 to 1.3390. Yesterday we saw a break in the upper limit. This means that at the moment the buyers have beaten the sellers and they will determine the direction.
The next resistance levels are 1.3465 and 1.3515.
A test of the zone is possible, but going back into it and falling below the previous bottom will spoil this scenario.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
The next resistance levels are 1.3465 and 1.3515.
A test of the zone is possible, but going back into it and falling below the previous bottom will spoil this scenario.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
