As a results of some weeks, GBPUSD pair showed itself in a good way. Moving forward, it broke several important barriers and managed to create an upward channel.
But looking at the H4 chart, we can see that the pound remains between the levels of 1.2183 and 1.2350. This zone is strong resistance for pound. Under the influence of some fundamental news, the pound will continue the upward trend by crossing the indicated level.
But looking at the H4 chart, we can see that the pound remains between the levels of 1.2183 and 1.2350. This zone is strong resistance for pound. Under the influence of some fundamental news, the pound will continue the upward trend by crossing the indicated level.
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Already +180 pips done!