GbpUsd could continue its rebound

12 févr.

After breaking above the falling trendline from the end of January, GBP/USD has entered a consolidation phase between 1.23 and 1.25.

Recently, the pair tested the support zone once more and began to rebound.

In my opinion, the upward movement will continue, and we could see a test of the next resistance above 1.26.

In conclusion, I am looking to buy dips below 1.24, with invalidation occurring on a daily close below 1.23.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

13 févr.

Transaction en cours

GBPUSD reversed exactly from my buy zone and at the time of the update is running more than 100 pips above that zone

16 févr.

Trade fermée: cible de profit atteinte

GBPUSD reached 1.26 target on Friday