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Today we are sharing GBPUSD Currency Trading Signals.
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RECOMMENDATION : BUY
TARGET 1.5800
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SUMMARY:
The secondary trend of GBPUSD is sideways on charts. In its daily chart, the pair is consolidating with strong positive bias to give break out at upside. Its 30 and 200 DMA are also supporting the further uptrend in the prices. If it breaks the level of 1.5730 & sustains above it then we can expect it to come up to the levels of 1.5770/1.5800 in next few days.
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| GBPUSD Chart Today |
INDICATORS:-
RSI - Prices are sustaining in buying teritorry, supporting the upside movement in the market.
MACD is also sustaining above the zero line indicating the upside movement in the market.
STRATEGY:
GBPUSD is looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.
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