GBPUSD – Bullish market condition

Written by Raul Lopez on . Posted in Trades & Analysis.

Yesterday the GBPUSD broke through both,  an important LT and ST resistance level triggering a bullish market condition. It is likely to continue its way up until it finds the next LT resistance level around 1.6296:

As long as the GBPUSD trades above 1.6020 I’ll be looking for long opportunities.

Trade Safe!

Raul Lopez
Forex Training

GBPUSD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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