GbpUsd formed a Triangle pattern and with the technical break that happened last week and we will be looking for a pullback to offer long entries with near term support between 1.3200 - 1.3150.
Watch this week for any buy price action signals to trade inline with the triangle breakout to target next resistance at 1.3485/500. GbpUsd outlook remains constructive while above 1.3050, and only a daily close below that level will negate our bullish view on GbpUsd.
Watch this week for any buy price action signals to trade inline with the triangle breakout to target next resistance at 1.3485/500. GbpUsd outlook remains constructive while above 1.3050, and only a daily close below that level will negate our bullish view on GbpUsd.