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GBPUSD : Price Should Maintain Bullish Volume Above 1.2550

Long
FX:GBPUSD   Livre sterling / Dollar américain
GBPUSD: Price Should Maintain Bullish Volume Above 1.2550

On Friday afternoon during the close of the London Market GBPUSD
created a very strong bullish wave by moving in this way above the "Sideways Pattern" where it was developing the price during the last weeks.

It was not related to any news considering that GBP showed strength through all its related pairs.

If the price will maintain the bullish volume above 1.2550 at this point it may grow further.

The only problem is that it can also move down in the same way that it created the bullish wave.

However, for the moment, the pattern is showing for a bullish move.

Thank you and Good Luck!

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