GBP/USD: POSSIBLE UPTREND!
Hello Traders!
As you can see from the 1-week chart, MACD line is just crossing the SIGNAL which means a high expectation in seeing a BULLISH TREND. RSI 14 looks optimistic and there’s no sign of overbought condition. Furthermore, if we look at the price chart, we can spot a W pattern. This suggests an UPTREND which could touch the historical resistance and maybe go beyond!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
As you can see from the 1-week chart, MACD line is just crossing the SIGNAL which means a high expectation in seeing a BULLISH TREND. RSI 14 looks optimistic and there’s no sign of overbought condition. Furthermore, if we look at the price chart, we can spot a W pattern. This suggests an UPTREND which could touch the historical resistance and maybe go beyond!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
💥 Free signals and ideas ➡ t.me/vfinvestment
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