Yesterday the GBPUSD was trading at an important long term level, but a few hours ago the pound broke through the short term resistance level triggering a bullish market condition:
GBPUSD
And there are plenty of pips before we hit the next LT resistance level, so I’ll be monitoring this one.
My Plan:
As long as the GBPUSD trades above 1.6300 I will be looking for long trades opportunities.
All short opportunities will be ignored
Trade Safe!
Raul Lopez