GBPUSD 1M (Monthly)

2019-12-14 04:19:08

- Intraday bias remains on the upside despite current retreat.
- Rise from 1.1958 low still in progress and should target 100% projection from 1.2827 to 1.3644 closes resistance. A sustained break of 1.3644 high will target 161.8% projection to 1.4149 next resistance.
- Near term outlook will now stay bullish as long as 1.3050, even of deep retreat still bullish.

Regards, GoldfXcc Team