GBPUSD continues to make higher highs and higher lows on Daily time frame, since start of this year. The current impulsive up move is testing supply zone around 1.3200 to 1.3250 zone and we may see some down retracement. However this could provide good opportunity to buy at lower price with target around 1.3485 level.

The bearish scenario would only be considered once price break out of channel and close below Daily support level at 1.2770.

Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –