As seen on Daily Chart GBPUSD is pricing in an uptrend channel but can not break above the physiological level of 1.30000. We will not enter a SHORT trade as long as The Cable holds above 1.27500.
Key levels for today: 1.28890 and 1.28480. We will use any price movement to those levels as a BUY opportunity and we will watch the breakout of 1.29900 to add LONG positions.
Key levels for today: 1.28890 and 1.28480. We will use any price movement to those levels as a BUY opportunity and we will watch the breakout of 1.29900 to add LONG positions.
