VasilyTrader

GBPUSD: End of Uncertainty & Bullish 2021

Panjang
FX:GBPUSD   Paun British / Dolar A.S.

Like all major USD pairs, GBPUSD is very bullish since spring 2020.
However, in contrast to many other pairs, pound managed to break and close above a major resistance cluster on a weekly.

That structure breakout indicates a highly probable long term bullish continuation.
Based on that I am highly confident that this year the price will aim at 1.43-1.44 resistance.
That is the next major weekly structure.

In December 2020 finally, we have a clear picture of Brexit and its aftermaths. The sense of certainty could be the main driver of a bullish wave.

Remember that on a weekly chart the price is relatively slow. So do not expect a rally in January. It may take the entire year or even more to reach the goal.

What do you think will happen with pound this year?

Please, support this idea with like. Thank you!

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.