Karina_Bella

GBP USD: Solid gains

Karina_Bella Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Welcome back to today's GBPUSD discussion!

Currently, GBPUSD continues to maintain its recovery streak as the price has just surpassed the resistance level of 1,276, marking an increase of 0.13% on the day.

Accordingly, on the analytical chart, the upward momentum is still strongly supported with the trendline not being broken and is stronger when the USD is still recovering.

The price increase target for Karina in the near future is 1.28 (The new peak is expected to be established when this pair reaches the trendline. What about you, what do you think about the trend of GBPUSD?
Trade active
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.