GBP / USD Breaking up ?
GBP / USD looks bullish.
The accelerated Tentative Up Trendline may push the price through Resistance Line , 1.7041 Level.
If GBP / USD will close the week above Resistance Line, more upwards movement could be expected.
If US Dollar Index will close the week under the support lines, 38.2% Fibonacci Retracement and Tentative Up Trendline, that will weaken the USD supporting the GBP bullishness.
The accelerated Tentative Up Trendline may push the price through Resistance Line , 1.7041 Level.
If GBP / USD will close the week above Resistance Line, more upwards movement could be expected.
If US Dollar Index will close the week under the support lines, 38.2% Fibonacci Retracement and Tentative Up Trendline, that will weaken the USD supporting the GBP bullishness.
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