Gbp/usd trading forecast

[warpips.com]

HI TRADERS… I am going to show my personal technical views for gbp/usd. we seen the gbp/usd closed 1.3054 and was Friday candle is bullish with engulf pattern above the support levels 1.2970 and initial resistance level is 1.3188 we saw daily chart and we think this pair will be rise in that case we recommend to buy this pair for this week. buy areas 1.3000 to 1.3040 and target is 1.3115.

below is gbp/usd daily chart

[midwest]

warpips, I agree with you for the daily and perhaps a good portion of the week
There is some early GBP news this week and of course ongoing drams.
Another point to keep in mind is the USD. later this week Trump will possible announce some significant trade news, thus as the GBPUSD is sensitiveness to the movement of the USD there maybe a big reaction.

Attached is my weekly chart.