As I was expecting for the last two weeks, GBP/USD has reached the Bullish Target at 1.2650. But, on the daily chart, the break of this resistance zone doesn't look convincing. I still believe that bulls have a good chance of breaking this resistance clearly but fresh buyers need to wait to validate this breakout.
So, if GBP/USD can close above 1.27 on Monday, bulls can buy and target 1.30 next.
So, if GBP/USD can close above 1.27 on Monday, bulls can buy and target 1.30 next.
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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.