HomeContributorsTechnical AnalysisGBP/USD Uptrend Continues If The Price Stays Above The POC

GBP/USD Uptrend Continues If The Price Stays Above The POC

The GBP/USD moved exactly as described in yesterday’s analysis and we should see the bounce off the POC zone to the upside.

1.3880 zone is where we could expect a bounce. D L5, 61.8 and trend line is making a confluence between various price points and there could be a bounce up. Targets are D L3 camarilla 1.3925 and above. If the price stays above the POC we could see 1.3985. If the price drops below 1.3880 the trend will change.

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