GBP/USD Bullish Breakout
April 9, 2018
2 min read
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The GBP/USD has been bought on the dip during London breakout session as we clearly showed on the Telegram channel. The price might go further up
The GBP/USD spiked from the 1.4080 zone towards 1.4115. In the left bottom you can see the LOA chart showing a clear breakout. As long as the GBP/USD is kept above the 1.4075 zone , bulls should be safe. At this point the price needs to close above 1.4125 for upside continuation. If it does, the target will be 1.4164 and 1.4181. Watch for rejections from POC and/or 1h momentum candle or 4h candle close above 1.4125 for upside continuation.
Good trading,
Nenad Kerkez aka Tarantula FX
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