Hi everyone,
GBP/USD has been undergoing a short-term correction since the start of the week. Our view is that this correction may now be complete, with the bullish trend potentially resuming.
For confirmation, we’re watching for a break above the 1.35195 level, followed by a move through 1.35934.
If these levels are cleared, we anticipate further upside. We’ll continue to share updates on the projected path for GBP/USD should price action reach our key zone.
The longer-term outlook remains bullish, and we expect the rally to extend further from the 1.20991 January low.
We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for the week ahead. Trade safe.
BluetonaFX
GBP/USD has been undergoing a short-term correction since the start of the week. Our view is that this correction may now be complete, with the bullish trend potentially resuming.
For confirmation, we’re watching for a break above the 1.35195 level, followed by a move through 1.35934.
If these levels are cleared, we anticipate further upside. We’ll continue to share updates on the projected path for GBP/USD should price action reach our key zone.
The longer-term outlook remains bullish, and we expect the rally to extend further from the 1.20991 January low.
We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for the week ahead. Trade safe.
BluetonaFX
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
Disclaimer
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.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
Disclaimer
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.