forex_priest

GBPUSD ON A BULLISH TREND

FX:GBPUSD   ポンド/米ドル
hello traders
my week setup for GBPUSD . the pair has been on a bullish trend since price got to 1.20436 and it rallied up to 1.28092 .then price made bearish reversal to 1.22428 .and price is currently rallying up to break the previous high on the H4 and price will get to 1.29337 before any reversal .i.e if price continues to flow with the current upward trend.
the upward trend started :
a bearish movement from 30 april -17 may .
and the bulls from 17 may to 10th june .
and the bears from 10th june to 30th june .

from our previous analysis gbpusd made a retest as expected at 1.24621, before making bullish , gbpusd has not currently traded above 1.26226 ( which is the previous support turns resistance )
but i expect price to trade above 1.26226 ( which is the previous support turns resistance ) cause it has already made the retest from our previous analysis on GBPUSD week 2.
STAY POSITIVE

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