GBP/USD Bulls are Waiting in the Ambush

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

The GBP/USD is in a strong uptrend. We should see a continuation towards higher levels after the POC rejection.

1.3457-85 is the zone where the GBP/USD could reject. In the case we get there, the retracement might be good to show fresh buyers. Targets are 1.3718 and 1.3789. If there is no retracement pay attention to 1.3718 as the price could continue going higher without slowing down. Buying the dips is the way to go.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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