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Mihai_Iacob

GbpUsd- New leg up

Panjang
Paun British / Dolar A.S. (FX:GBPUSD)  
Mihai_Iacob  
FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdanalysis gbpusdsignal signals signalservice signalprovider forexsignals Forex forextrading
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trendanalysis chartpattern indicator gbpusd gbpusdanalysis gbpusdsignal signals signalservice signalprovider forexsignals forex forextrading
In my previous GbpUsd analysis I draw attention to a falling wedge pattern and the possibility of an up break.
The pair indeed broke the resistance of the pattern and we had the first leg up. GbpUsd corrected after and confirmed 1.2 as strong support.
Yesterday is marked by a strong bullish engulfing and this could be the signal for further gains to come.
I'm bullish GbpUsd and I expect a new leg up to 1.24
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