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FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

TST as the Foundation for Medium-term Trading

TST as the Foundation for Medium-term Trading

Looking at gbp/usd and there is a similar story with a potential breakthrough towards the upper channel boundary today, despite already moving above the opening level. In any case, I don't see any trading opportunities for myself, whether upwards or downwards, at the moment it looks equally realistic. However, considering that we have reached the balance and KTL in the morning, it is possible to continue towards the blue scenario around 1.3494, where the upper channel boundary is located. I find it important that we are above the mandatory zone, and that's what I base my analysis on.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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