The GBP/USD pair is extending its upward movement after completing a secondary trend phase. Bullish signals are also confirmed by a valid swing low on the H4 timeframe, indicating potential for continued upside momentum.
As long as price holds above the nearest support area, the probability of reaching the next resistance target remains strong.
Recommendation:
- Buy GBP/USD
- Entry: 1.34582
- Stop Loss: 1.33976
- Take Profit: 1.35238
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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