PictoPip

GBPUSD potential long to 1.35

Long
SAXO:GBPUSD   British Pound / U.S. Dollar
GBPUSD has finally broken all its key levels. Now that the price is moving above 1.34, I think there is a momentum reversal to bullish. If you want to go long, it seems that this scenario has a pretty good risk and reward ratio. The current key level is 1.34 as support and 1.35 as resistance.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.