GBP/USD Continues its Upside Momentum, Targeting 1.2670

GBP/USD has been trading upside as I expected.

GBP/USD has been trading upside as I expected.

The momentum is still strong to the upside and there is the chance for the higher prices towards upside reference. Due to the mid-long term upside trend and the short-term upside momentum, I see potential for the further growth towards the upside reference. Upisde objective is set at the price of 1.2670 MACD oscillator is showing bull reading, which is good sign for the upside continuation.

Key support is set at the price of 1.2310

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trading gbp/usd trend support level price analysis momentum target price upside MACD oscillator bull reading growth potential

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GBP/USD has been trading upside as I expected.

InstaForex

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