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GBPUSD came to a very strong resistance level
GBPUSD came to a very strong resistance level
The price of the GBPUSD currency pair has approached a very strong resistance level, which serves as the last serious obstacle before the historical maximum. A break of this level will mean that the British pound is strong enough to join the bulls, at least to the level of the all-time high. Perhaps the price will come up for the test a few more times and bounce down, so you need to be patient and wait for the right moment to enter the market only after the level breaks out.
Symbol: GBPUSD
Order Type: Pending Order - Buy Stop
Entry Price: 1.4240
Take Profit: 1.4300
Pips Earning: 60
The profit can be $600.00 if the trading volume of 100000 GBP (1 Lot).
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