GBP/USD Broke very strong resistance and close above.GBP/USD broke very important resistance zone and close with a strong momentum above! I will wait for pull back at my set levels and look for buying opportunity. Bear in mind that we have very big event of Brexit on Tuesday. So price can consolidate and wait for the day start to price in on the vote agaisnt Brexit. On Tuesday we should see big moves in both sides depending on the vote.
Gbpusd-chart
It's a time for pound to go lower! GBP/USD was strongly capped on dollar weakness, that's indicate that pound is not rready to go higher, brexit is playing very important role on pound moves. 14 of January is a big day for GBP pairs, I'm forcesting that May will lose on her Brexit deal and pound will fall to my lowest target.
GBPUSD > Trade AnalysisGBPUSD > 1W / Longterm
Pair is trading in an uptrend from support level 1.3215 w/expected target @ 1.3495. If this level is broken, uptrend could continue higher.
A firm break and hold below support 1.3215 will signal end of rise and bearish trend should begin toward 1.3068 followed by 1.2874
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