GBP/USD is in a Strong Bullish Trend Targeting 1.2785 and Above

2 min read
tarantula fx

tarantula fx

Head of Trading

Dear Traders,
The GBP/USD is strongly bullish and we should see a continuation of the move.

The POC comes within 1.2560-80. As long as the price is supported above it we should see an uptrend. The pair is targeting 1.2690 and 1.2786.  If we see a 4h or daily close above 1.2786, there is a possibility for a further target M H5 camarilla/ Wizz 6 confluence at 1.2930. Pay attention to momentum as we might see good volatility due to ATR (5), which is 177 pips.

The analysis has been done with the CAMMACD.MTF template.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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