The GBP/USD has broken through a trend line that marks a possible continuation of a bullish move. The POC zone is 1.3165-85. The price needs to make a close above 1.3209 to proceed further up. Intraday target zone is 1.3220-30 while the extension on a positive bullih momentum can lead up to 1.3260. If the trend persists we could see 1.3311 by the end of the week.
W L3 – Weekly Camarilla Pivot (Weekly Interim Support)
W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)
W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)
D H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)
D L3 – Daily Camarilla Pivot (Daily Support)
D L4 – Daily H4 Camarilla (Very Strong Daily Support)
POC – Point Of Confluence (The zone where we expect price to react aka entry zone)
