GBP/USD Up Move as Expected

Published: Jul 23, 2021, 08:00 UTC•1min read

Currently more than 100 pips of profit has been made from the GBPUSD longs. We can see that the market is bullish.

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The POC zone perfectly bounced off the GBPUSD as the essential support has been made. We can see that the upward trend is persisting and I advise protecting profits for everyone who entered long in the POC. Targets are 1.3750 followed by 1.3952 and 1.4080 as a part of a swing trade. Only if the market breaks below 1.3550 it will invalidate the bullish trend.

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Cheers and safe trading,

Nenad

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