GBPUSD Continues its Rally to 1.33

24 ביולי 2017

Last week GBP got strenghtened enaugh to get the potential to see 1.33 band. Positive news affected GBP against USD and uncertainity at USD triggered it up to 1.30 Monthly Resistance band. On Friday before the market closes it finished up its retracement. Also we saw that it tried to break the trend 2 times till here. Retracement made chart to take its breath and made enaugh space to take it up to 1.3130 band first and it will aim more to Fibbo %27 level of 1.3210. A nice Long move might seen.