arongroups

GBP/USD could continue to rise again

Long
FX:GBPUSD   British Pound / U.S. Dollar
👉Looking at the trend in the four-hour time frame, GBP/USD has broken the resistance of the first bullish ceiling to the upside and is now entering a price correction after the price increased by the length of the first channel.
In general, the scenario is reinforced that GBP/USD can rise to the resistance of the ceiling of the second ascending channel in the range of $1.2893, provided that the support interval is maintained in the range of 1.2747-1.2712.❌

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