Now that GBPUSD
has violated the monthly bullish wedge
(as explained in our 22/11/2020 post below), bullish
rally may commence in 2021! First obstacle is at 1.4000 level which may likely cause the pair to pullback towards the first bullish-order-candle at 1.34000 level (or deeper at 1.25000). Any price rejection from thence will then be targeting 1.50000 and above.
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades