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GBP/USD: Bullish Trend Continues

Long
British Pound / U.S. Dollar (FOREXCOM:GBPUSD)  
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FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Trend Lines Trend Analysis Forex gbpusdlong tradingtip tradingstrategy Contains image
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supportandresistance trendline trendanalysis forex gbpusdlong tradingtip tradingstrategy containsimage
The GBP/USD has retraced to a significant previous level, forming a false breakout. The long-term trend is still bullish. I believe that this level will hold, and once it breaks the corrective trendline, it is likely to move upward, targeting higher resistance levels.

1D:
snapshot

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