The downward movement in GBPUSD seems exhausted. The price broke the downward trendline, as well as some of the smaller resistances from the previous peaks.
Currently the main resistance is the previous peak of June 24 and the zone 1.2524-1.2539
Currently, the rise is moving with minimal correction and it seems that in will be able to test at least once again the resistance, and very likely to be able to break it.
If you follow our other analyzes, you know that we have sold USD in all trades . This is another point in support of the rise for GBPUSD!
Good luck!
Currently the main resistance is the previous peak of June 24 and the zone 1.2524-1.2539
Currently, the rise is moving with minimal correction and it seems that in will be able to test at least once again the resistance, and very likely to be able to break it.
If you follow our other analyzes, you know that we have sold USD in all trades . This is another point in support of the rise for GBPUSD!
Good luck!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
