GBPUSD is extending higher

GBPUSD is testing the strong resistance 1.2255

 

GBPUSD is testing the strong resistance of 1.2255 after a bounce from 1.2200. A break above this resistance is required for the upside extension and a test of 1.2860. Now only a break below 1.2000 will lead to an upside extension invalidation

Note: look for the long trades with a stop loss below 1.2200

 

 

GBPUSD possible extension higher

 

 

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