GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is trading at 1.3342 above the Ichimoku Cloud, suggesting an uptrend. A test of the upper border of the Cloud near 1.3295 is expected...


GBPUSD is trading at 1.3342 above the Ichimoku Cloud, suggesting an uptrend. A test of the upper border of the Cloud near 1.3295 is expected, followed by growth to 1.3625. An additional signal confirming the growth will be a bounce off the lower border of the Triangle pattern. The growth will be canceled in the case of a breakaway of the lower border of the Cloud and securing under 1.3195, which will mean further decline to 1.3105. The growth will be confirmed by a breakaway of the resistance area and securing above 1.3415, which will mean a breakaway of the upper border of the Triangle.

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