British Pound / U.S. Dollar
Long
Updated

Medium term forecast for the GBPUSD pair with technical analysis

Investors showed great interest in purchasing the GBPUSD asset, the price made a movement above the EMA 50 interesting for a purchase.

With the opening of a new candle above the price of 1.25369, even with the EMA 200 and 50 slightly lateralized, we have the chance to catch a very favorable distribution for the trade

SL: 1.251929
TP: 1.25550

Hello traders! What do you think of GBP USD?
Trade closed: target reached
Trade closed successfully on TP, what I saw was something like accumulation and I caught the distribution, which comes based on the break of the white line.

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