As the US Dollar is heading south, the GBP/USD pair is heading north with a lot of steam and volume from the bulls.
As shown on the chart, the bullish wedge resistance has been broken to the upside and the price continued to head North.
As we follow this trend, the next resistance would be at 1.24465 and if it manages to break through this level, the pair will head towards the Double Top Resistance at 1.26253.
Wish you all a great day in trading and be safe !
If this helped you in any way feel free to give a like.
As shown on the chart, the bullish wedge resistance has been broken to the upside and the price continued to head North.
As we follow this trend, the next resistance would be at 1.24465 and if it manages to break through this level, the pair will head towards the Double Top Resistance at 1.26253.
Wish you all a great day in trading and be safe !
If this helped you in any way feel free to give a like.