Daily
Chart Prepared by Jamie Saettele, CMT
Automate trades with Mirror Trader and see ideas on other USD crosses
-There is no change to the latest comments other than noting that a resistance looms at 1.5240. A break above would be bullish…especially in light of comments on the weekly. “GBP/USD is trading in a bearish channel on the daily but also just found big support on the weekly. Combine the long term level on the weekly with COT considerations, and GBP/USD may be ready to rocket higher. Risk is small on the downside (read more about Traits of Successful Traders here).”
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