GBPUSD ; RETEST AND CONTINUATION HIGHER
HELLO TRADERS
before we take a look GBPUSD lets first look at DXY
DXY has been bullish for sometime and we currently have noticed it becoming weak
and this implies strengh of GBPUSD
GBPUSD trend has recently changed and broken above major resistances
and hence solidifying the uptrend
currently we broke above a resistance at 1.21800 and heading for a retest
we expect a continuation higher from there
BREAK BELOW 1.21500 WILL MAKE THIS IDEA INVALID
IF YOU FIND THIS IDEAUSEFUL GIVE IT A LIKE
before we take a look GBPUSD lets first look at DXY
DXY has been bullish for sometime and we currently have noticed it becoming weak
and this implies strengh of GBPUSD
GBPUSD trend has recently changed and broken above major resistances
and hence solidifying the uptrend
currently we broke above a resistance at 1.21800 and heading for a retest
we expect a continuation higher from there
BREAK BELOW 1.21500 WILL MAKE THIS IDEA INVALID
IF YOU FIND THIS IDEAUSEFUL GIVE IT A LIKE
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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.
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.