On this blog we comments current situations on forex market. We analyze different forex currency pairs, indices and commoditioes. We are using for trading only price action: supply & demand, support & resistance trend lines and chart patterns.
GBPUSD has not hit trendline and turned up just before this. It looks like GBPUSD has found support line on the old resistance level at 1.3030. GBPUSD is still in uptrend so we are opening buy trade.
