GBPUSD will hit 1.3000 level soon
**Monthly Chart**
Last month candle closed as indecision bearish candle within a small range between 1.2500 and 1.27700 levels. This month candle started moving higher only to hit the break of previous three months highs and retrace back to the range. Since this month candle is still active and remains bullish, it provide a strong indication that GBPUSD will continue it’s uptrend and moves to 1.3000 level is possible in the next few weeks.
**Weekly Chart**
Last week candle closed bearish, however it is within the range of previous week bullish candle. It is now the time to test the weekly Order block (MC) as of 17th July 2023 and starts moving higher.
**Daily Chart**
After breaking the consolidation range above 1.28000 (Round number) level. There is high probability chance that GBP will break the MC (Order Block) of 11th March to the upside and resume the move higher. This week I will be looking to Buy GBPUSD with first target around 1.3000 Level.
Last month candle closed as indecision bearish candle within a small range between 1.2500 and 1.27700 levels. This month candle started moving higher only to hit the break of previous three months highs and retrace back to the range. Since this month candle is still active and remains bullish, it provide a strong indication that GBPUSD will continue it’s uptrend and moves to 1.3000 level is possible in the next few weeks.
**Weekly Chart**
Last week candle closed bearish, however it is within the range of previous week bullish candle. It is now the time to test the weekly Order block (MC) as of 17th July 2023 and starts moving higher.
**Daily Chart**
After breaking the consolidation range above 1.28000 (Round number) level. There is high probability chance that GBP will break the MC (Order Block) of 11th March to the upside and resume the move higher. This week I will be looking to Buy GBPUSD with first target around 1.3000 Level.
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