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GBPUSD

Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Wedge GBPUSD Falling Wedge wedgebreakout localsupport beyondtechnicalanalysis JTS
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trendanalysis chartpattern wedgepattern gbpusd fallingwedge wedgebreakout localsupport beyondtechnicalanalysis jts
GBPUSD was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout ..
Currently the price has given the breakout of falling wedge and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.2650 followed by 1.2750.
What you guys think of this idea?
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