GBPUSD: weekly review
Dear traders.
GBPUSD show us great opportunities. It created good expanding channel in H1 chart. You can see on the chart now.
Usually, expanding channels is an informer of next upward movements.
I think, gbpusd will break upper line of this channel at the 1.4115 point and go up during this week.
MY ADVICE: place buy stop 1.4115 and wait. Stoploss is bottom line of this channel and take profit is upper line.
IMPORTANT LEVELS:
UP: 1.4115 , 1.4175 , 1.4210
DOWN: 1.4030 , 1.4000 , 1.3965
GBPUSD show us great opportunities. It created good expanding channel in H1 chart. You can see on the chart now.
Usually, expanding channels is an informer of next upward movements.
I think, gbpusd will break upper line of this channel at the 1.4115 point and go up during this week.
MY ADVICE: place buy stop 1.4115 and wait. Stoploss is bottom line of this channel and take profit is upper line.
IMPORTANT LEVELS:
UP: 1.4115 , 1.4175 , 1.4210
DOWN: 1.4030 , 1.4000 , 1.3965
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