GBPUSD Long Term Outlook - 4th March

4 thg 3, 2021GBPUSD approaching a resistance. Potential that we continue higher as the U.K. vaccination pace is doing far better than the U.S. especially as vaccine supply is drying up in L.A. and N.Y., the two most populous and economic cities. I believe the recent rise in yields is giving the USD some strength, as we can see with a potential EURUSD bounce around 1.19750, so it's possible the Pound could go ahead and find a new high above the low 1.40s...

In this scenario I would rather buy GBPUSD a little lower and target the resistance again.