I saw many traders selling GBP/USD for the last couple of weeks. That's why I published multiple updates on GBP/USD advising traders not to sell as the trend is clearly up. As I expected, GBP/USD bulls have broken the resistance level near 1.2650 and now the path of least resistance is to the upside(1.30).
400 Pips up on GBP/USD.
I expect GBP/USD to reach 1.30 very soon unless a big fundamental change happens in the market. Recommending traders to avoid selling the uptrend . It is a better idea to look for buy orders if a correction happens.
400 Pips up on GBP/USD.
I expect GBP/USD to reach 1.30 very soon unless a big fundamental change happens in the market. Recommending traders to avoid selling the uptrend . It is a better idea to look for buy orders if a correction happens.
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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.