GBP/USD pierced above Falling Wedge support this week following three weeks of downward price action. Bulls may target the 20- or 50-day Simple Moving Average next week. MACD strengthening across multiple timeframes suggest more upside may be in store.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.