TDMarkets

Long GBP/USD (Medium Term)

Long GBP/USD (Medium Term)

On January 24, 2017, Posted by , In Uncategorized, By , , With No Comments

GBPUSD

GBP has started the week on the front foot and has broken through key near term resistance at 1.2409/21, the January high and the falling trendline from August last year. Upward momentum has improved significantly and from here, GBP appears to have entered a bullish phase

Target: 2.7000

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