GBPUSD LONG

١٢ نوفمبر ٢٠١٧

GBPUSD has been trading within a confined upward Trendline since Jan 17 recording Higher Highs & Higher Lows on the Daily Chart. Expecting to see this hit 1.35 by month end. However, it's important that GBP can break past 1.3260- 1.33. Break of this will allow for further bullish momentum up to 1.35.

Rejection of the 1.3260- 1.33 line will see a retest of the trend line and maybe even 1.30 which has been the monthly support before a bounce back up.