In my previous analysis I said (GBP bounce back from resistance now we have two scenario once it continue uptrend second retracement towards nearest support. We need to watch what it do next if it broke that resistance then see a new uptrend and our target is resistance 1.380)

My previous analysis of GBPUSD link.

GBPUSD  New buying opportunity open.


I think it continue its uptrend because if you look at RSI indicator or MACD indicator they clearly showing up trend in hour, weekly and monthly chart. If this fail then it do some retracement towards nearest support (1.34400).

Weekly and monthly chart
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If you agree then like idea and support me.
Mention your thought in comments :)
ForexGBPUSDTechnical IndicatorsNEWSTrend AnalysisWave Analysis

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