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Gold_D_Roger

GBPUSD Update

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Paun British / Dolar A.S. (FX:GBPUSD)  
Gold_D_Roger  
FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Fibonacci Forex GBP USD pound dollar forextrading forexsignals forexanalysis
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GBPUSD has broken out of the channel, validating it as support after touching and rebounding off the 0.786 fib level where it is at.
Now, it is currently rising above the 1.0 Fib level, I see an upside continuation with technical indicators MACD crossing into the green in the buy zone and heavy sell volumes (big red volume bars) failing to reverse GBPUSD's bullish momentum.

Target will be 1.618 Fib level

Best Regards,
GOLD D ROGER

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