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theforexportal

GBPUSD in a rising wedge looking at 1.2574

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
theforexportal  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD gbpusdlong gbpiusdshort theforexportal
1
0
gbpusd gbpusdlong gbpiusdshort theforexportal
GBPUSD is in a rising wedge pattern and is looking at a retest of 1.2615.
1.2500 looks key and as long as we remain above this level we should move higher.
Under 1.2500 turns the picture BEARISH for a potential move back to 1.2380.

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