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GBPUSD: Rallied On Corrective Bullish Momentum

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    GBPUSD: Having GBPUSD rallied on corrective bullish momentum on Thursday, it now targets the 1.5200 level on further bullish offensive. With that said, resistance stands at the 1.5200 levels with a turn above here allowing more strength to build up towards the 1.5250 level. Further out, resistance resides at the 1.5300 level followed by the 1.5350 level. Its daily RSI is bullish and pointing higher suggesting further upside. Support lies at the 1.5050 level where a break will turn attention to

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