GBP/USD Bullish Continuation Above

2 min read
tarantula fx

tarantula fx

Head of Trading

Hi traders,

The GBP/USD went exactly as we planned and at a this point it still bullish. There are two possible scenarios. A continuation or another bounce.

The GBP/USD technical analysis shows a possible continuation above 1.3340 and a bounce if the 1.3230-40 zone is retested. The price is still bullish so a close above 1.3340 is needed for a further up. Whatever the case may be if the scenario is valid, next targets are 1.3340 and 1.3380. Only below 1.3230, the pair will be put into a neutral to bearish mode again.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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