GbpUsd could continue its rebound

12 Şub

After breaking above the falling trendline from the end of January, GBP/USD has entered a consolidation phase between 1.23 and 1.25.

Recently, the pair tested the support zone once more and began to rebound.

In my opinion, the upward movement will continue, and we could see a test of the next resistance above 1.26.

In conclusion, I am looking to buy dips below 1.24, with invalidation occurring on a daily close below 1.23.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

13 Şub

İşlem aktif

GBPUSD reversed exactly from my buy zone and at the time of the update is running more than 100 pips above that zone

16 Şub

İşlem kapandı: hedefe ulaştı

GBPUSD reached 1.26 target on Friday