GBP/USD: Outlook Continues to Be Bullish!
Aktualisiert
Currently, GBP/USD is hovering around 1.3376, down 0.34%, but the uptrend is likely to continue strongly. Although the current price action is bearish, this is not a cause for concern as the price channel and EMA 34.89 do not show any significant signs of reversal (which could, on the contrary, bring positive momentum).
It is worth noting that the nearest resistance at $1.3450 is forming a cup and handle pattern on the 1-hour chart, signaling a clear upside potential before the close of this week's trading session. If buyers can hold the dynamic support around 1.3350, I believe GBP/USD will continue to advance towards the target of 1.3500, especially if there is important news released during the day.
Traders can consider entering long positions around 1.3360, holding to take advantage of the uptrend, with a target of taking profit at 1.3500. What do you think about this view?
It is worth noting that the nearest resistance at $1.3450 is forming a cup and handle pattern on the 1-hour chart, signaling a clear upside potential before the close of this week's trading session. If buyers can hold the dynamic support around 1.3350, I believe GBP/USD will continue to advance towards the target of 1.3500, especially if there is important news released during the day.
Traders can consider entering long positions around 1.3360, holding to take advantage of the uptrend, with a target of taking profit at 1.3500. What do you think about this view?
Trade ist aktiv
good
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.