On the GBPUSD daily chart we see that the pair is sitting on a lower wedge line 1.2930 level and testing it for the third time. We expect another inside wedge move to the higher wedge line 1.3140-1.3200 zone. The range is narrowing.
Happy trading! (click on the chart to enlarge it)
We cover all Majors, Crosses, Indices and Commodities. Join us if you are interested to learn more and find inflection area to trade $AUDUSD, $EURUSD or other forex, indices, and commodities using Trend Trading DNA system and you will get access to Trade alerts with exact SL and TP levels, real time on email , viber, twitter private feed, NY session analysis of all major asset classes, Live trading sessions every day moderated by our expert analyst @Aleksfx, Video analysis, Intraday market levels, Live chat support, Educational webinars. You can also read other articles at our Blog and check Chart of The Day
Do you need a perfect copy trading? We have partial refund on our possible trade alert losses! You are covered, we share the risk with you and you have almost risk free copy trading and all of our membership content during subscription period! PRE TRADE ALERTS
We are holding Educational webinar next week on Wednesday -Learn how to use Fibonacci retracement and expansion tools INDICES
See our schedule HERE