GBPUSD Long Opportunity Continuation
Last week I analyzed GBPUSD and our prediction became a reality (Link in description). From a weekly, daily and 4-hour perspective we are still in a strong bullish move. Last week price rejected 0.618 fibonacci level which fits with a support level and pushed to the upside. Price is creating a Double Bottom pattern. My overall TP is at -0.272 fibonacci level which is level used for TPs. If price break through a resistance level,it will be really nice opportunity to go long.
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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.