AlanSantana

British Pound Will Move Up Against the U.S. Dollar

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FX:GBPUSD   British Pound / U.S. Dollar
The British Pound has been challenging strong resistance with increasing volume . Looking at the chart long term, weekly time frame, I am getting signals telling me that it might move up against the U.S. Dollar, here is why:


Looking at the U.S. indexes, such as the SPX , can support the findings on this chart.

You can see my latest analysis here:
Russell2000 (RUT):
Conditions for change: If the October 2018 low is taken out, then this analysis would become invalid and a new one is needed.

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Thanks a lot for reading.

Namaste.
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