GBP/USd finding support and looks to be headed higher

٨ يناير ٢٠٢٤

There's no significant news for a couple of days so there's nothing scheduled to affect trading today and with GBPUSD finding support in the 1.2670 area, we could see GBPUSD push higher heading for a possible target of WR1 (weekly resistance) at 1.2788.
All GBP pairs look BULLISH supporting this opinion.

٨ يناير ٢٠٢٤

تم فتح الصفقة

STOP moved to 1.2708 locking in 10 pips.

٨ يناير ٢٠٢٤

تم فتح الصفقة

STOP moved to 1.2720 locking in 22 pips

٨ يناير ٢٠٢٤

تم فتح الصفقة

STOP moved to 1.2741 locking in 43 pips

٨ يناير ٢٠٢٤

تم إغلاق الصفقة يدويًا

Position closed at 1.2760.
We're in overbought territory and the BULLS are weakening.
I think GBPUSD may well head higher but its going to head south to find support.
This retrade could be deep so the trade is closed for 43 pips.