GBP/USD is trading higher once again, in line with improving weekly and monthly studies.

A close above the 1.2615 high of March will target critical resistance at the 1.2775 high of December.

A later close above here will confirm a significant rally, as the October 2016 bull trend gains traction and investors adopt an outright bullish stance.

Congestion around 1.3000 will then attract.
ForexfxGBPGBPUSDUK

Related publications

Disclaimer