Buy arounc 1.3311 towards 1.4510 | 27 декабря 2017
27 декабря 2017, GBP/USD
Technical Observation:
Since touching the weekly support line 1.1552 in October 2nd 2016, Gbp has made higher highs consecutively and has remained confined above the rising supportive trend line. Recently, gbp successfully broke above the short term resistance line 1.3311 and is still above it, I'm still bullish here. I expect a rise towards the next weekly resistance line 1.4510. Unless the p[rice breakouts below the lower trend line with a big red candle, chances of continuing upwards are very higher. Thus, at the moment, I remain long.
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