GBP/USD – Week 30 – The trendline will decide.
Last week, our forecast came true as the British Pound started a bullish move, bouncing off from the support level.
In the coming week, we expect the bulls to gain more momentum and retest the orange trendline. If we get a breakout, then we have a great chance to reach the resistance level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming week, we expect the bulls to gain more momentum and retest the orange trendline. If we get a breakout, then we have a great chance to reach the resistance level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
