GBPUSD has been in an uptrend for 2 weeks


GBPUSD

Bearing in mind the movement in the newly created channel, we can see that the currency is moving in a new short-term trend. Only breaking the upper limit of the channel will allow the trend to continue for a longer time. Tomorrow's macroeconomic data for the USD are also not optimistic, which means that I am looking for further growth. The place marked with a cross is a point that may decide about the continuation of the currency's depreciation, but I am optimistic about a further upward break in the price and a rebound from the designated channel line.

gbpusd

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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