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Today,
GBPUSD has shown strong growth above the 1.3550 level and remains on an upward trend in positive territory. The recent weakening of the US Dollar (USD) after the latest data has allowed this pair to continue gaining momentum.
From a technical perspective, GBP/USD has broken the descending trendline and could potentially form a head-and-shoulders pattern. Before the pattern completes, a minor correction is expected. The subsequent bullish move will likely target the 1.374 level.
Let’s wait and see what happens. If you agree with this outlook, don’t forget to leave a like on the post.
Good luck!
Today,
GBPUSD has shown strong growth above the 1.3550 level and remains on an upward trend in positive territory. The recent weakening of the US Dollar (USD) after the latest data has allowed this pair to continue gaining momentum.From a technical perspective, GBP/USD has broken the descending trendline and could potentially form a head-and-shoulders pattern. Before the pattern completes, a minor correction is expected. The subsequent bullish move will likely target the 1.374 level.
Let’s wait and see what happens. If you agree with this outlook, don’t forget to leave a like on the post.
Good luck!
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.