Hello Traders, in my previous GBPUSD idea, I mentioned about buying at 1.2500 area. That trade gave us more than 250 pips profit.
Now, GU is consolidating and most likely another move higher would come very soon.
We need a decisive break of the 1.2750 resistance level to target 1.2860, 1.3174 and 1.3400 respectively over the next several weeks.
Now, GU is consolidating and most likely another move higher would come very soon.
We need a decisive break of the 1.2750 resistance level to target 1.2860, 1.3174 and 1.3400 respectively over the next several weeks.