GBP/USD Ready To Run To New High ….

GBP/USD Ready To Run To New High …

The Charts Can Teach us About gbpusd Further Move

On all my  posts  I was talked on the long term moves and try to Draw conclusions for the future on this pair , we got the bounce and now  my assumption is : scenario will be complicated and you need to be  ready for a lot of movements on the GBPUSD ,if 1..3860-1.3940 area will hold so the next target will be at 1.42-43  area and even higher to 1.50, from the other side break down again 1.3070 will confirm more downside to 1.30 – once 1.28 break down this level 
Break of 1.3278 resistance indicates that this rise could take gbp usd to 1.3480 area resistance and above. Upside should be limited by 38.2% retracement of 1.5016 to 1.2794 at 1.3643(also there is open gap there). On the downside, below 1.3058 support will turn bias back to the downside for retesting low.

This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice

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