GBPUSD: Breaking out, solid uptrend in the daily chart

$GBPUSD looks to be poised to rally once more, with RgMov makign steady progress and anticipating a breakout ahead of price, there is a longer term uptrend signal at play, and potential to rally over the Brexit daily low resistance. It wouldn't shock me to see the entire Brexit range erased in the coming months.
I would reccomend entering longs gradually, if not in, or adding to long positions on set backs. Keep a wide enough stop loss and off you go.

Cheers,

Ivan Labrie.

Kommentera:

For now, the Pound is sluggish. I would wait for a while longer.