EzraCapital

STERLING HIGHER 1.3250

Long
FX:GBPUSD   British Pound / U.S. Dollar
29
GBP/USD - We have watched the price consolidate between a 300 PIP range from 1.2700 and now approaching 1.3000.

This past week we closed above this major key level at currently at 1.30264, we can anticipate an advancement in price for the week ahead. This could be a similar price stall that the 1.3000 major level caused back in July, August and September 2016. 

If retested as support we can expect a push higher to 1.32500. 

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