GBPUSD TRENDLINE BREAKOUT
GBPUSD broke out from the bullish channel it was in last month
this could indicate that GBPUSD has stopped the bullish advance for now and could retest the 1.27 level
My guess is that there will be a slight pullback(a lower high) in the next couple of days which would mean
a change in the trend and the start of a possible turn to the downside
Look for a swing high between the 1.295 and 1.3 levels
Follow my channel for more analysis like this
and intraday forecasts for major currency pairs at every London open.
this could indicate that GBPUSD has stopped the bullish advance for now and could retest the 1.27 level
My guess is that there will be a slight pullback(a lower high) in the next couple of days which would mean
a change in the trend and the start of a possible turn to the downside
Look for a swing high between the 1.295 and 1.3 levels
Follow my channel for more analysis like this
and intraday forecasts for major currency pairs at every London open.
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