GBPUSD is bouncing off the support
GBPUSD is bouncing off the support of 1.2100 and is extending higher. This confirmed bounce can lead to an extension higher to 1.2800. Now only a break back below 1.2150 can invalidate the upside extension higher. There is no significant resistance higher now.
Note: look for the long trades with a stop loss below 1.2250
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
TRADE FOREX, INDICES AND COMMODITIES WITH FUNDED TRADER ACCOUNT! 30% OFF!