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GBP/USD Potential Upward Movement

GBP/USD Long-Term Trend: Bullish

Key Resistance Levels: 1.26895, 1.27384, 1.27858

Key Support Levels: 1.26386, 1.26106, 1.25499

Daily Chart:

The price on the higher time frame has recently started the bullish momentum after bouncing off the support level of 1.20903 The pair has continued to break a few resistance levels which suggests further trend continuation.

GBP/USD Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It recently broke a major key level of 1.26106 As of now the pair has shown an aggressive move from that level forming a demand zone. A retest of that zone is expected before continuing the momentum.

Signal Idea:

Buy Limit Order @ 1.26410

TP @ 1.26835

Stop Loss @ 1.25985

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. i enterd the trade hours ago and im still losing should i continue ?

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