GBP/USD: main trend still bullish

GBP/USD: main trend still bullish

28-12-2017-GBP-H4.png

The trend is still bullish. The main intraday target is the next resistance at 1.3465 - 1.3519. If a pullback from this level happens, there'll be an opportunity to have a decline in the direction of the closest support at 1.3445 - 1.3419.

28-12-2017-GBP-H1.png

The last "Triangle" has been broken, so the price is rising. At the same time, we could have a bearish correction towards the nearest support area at 1.3430, which could be a departure point for another bullish rally.

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