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RKarina

GBPUSD: narrow trade

Paun British / Dolar A.S. (FX:GBPUSD)  
RKarina  
FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Harmonic Patterns Technical Indicators GBPUSD optionsstrategies intradaytrade Technical Analysis signals longsetup
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trendanalysis harmonicpatterns indicator gbpusd optionsstrategies intradaytrade technicalanalysis signals longsetup
Currently, GBPUSD continues its upward trend as it surpasses the resistance level of 1.276, marking a 0.13% increase for the day.

On the analysis chart, the upward momentum is still strongly supported by an unbroken trend line, and it has become even stronger as the USD is still recovering.

RKarina's price target in the near future is 1.28 (A new peak is expected to be established when this pair touches the trend line). What are your thoughts on the trend of GBPUSD?
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