GBPUSD spikes to the next upside target level


Trend line and high for the week are the next target.

The GBPUSD run to the upside has continued with the pair racing up to test a topside trend line at 1.3845 area (see post from earlier).  More upside will have traders targeting the high from Wednesday at 1.38652.  

Trend line and high for the week are the next target.



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By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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