GBP/USD: IDEA
Currently trading @ 1.37900
The pair is set to test 1.39 given that it breaks above resistance @ 1.38
If it fails to break this resistance again the pair might fall back to 1.37
Given GBP's weakness lately it might fail to break above this resistance
Buy Entries are to be placed above resistance @ 1.38 & Sell entries below
the trendline
link to previous analysis below
The pair is set to test 1.39 given that it breaks above resistance @ 1.38
If it fails to break this resistance again the pair might fall back to 1.37
Given GBP's weakness lately it might fail to break above this resistance
Buy Entries are to be placed above resistance @ 1.38 & Sell entries below
the trendline
link to previous analysis below
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