FX.co ★ TST as the Foundation for Medium-term Trading

Let's now take a look at GBP/USD, where the trend and the likelihood of further growth are more visible, based on the fact that we still have a mandatory zone on the chart, clearly sitting below the price and strengthening the lower boundary from a breakout. All this suggests that continuation of the uptrend is more probable today, and I am considering this blue scenario with a breakout towards the daily balance at 1.3534, if reached. If we don't reach it, I don't see any issues with that, and from Monday onwards, I will be looking for opportunities for a decline.