FX.co ★ dusty24 | GBP/USD
GBP/USD
Hello traders, It's quite challenging for me with the GBP/USD pair because there are no clear immediate targets on either side. Yesterday, we didn't move towards updating the lows, instead, we started growing quite well, moving above 1.33. However, we haven't managed to consolidate there yet, and today we are attempting to decline. It's important to note that we still have a downward movement, and all this growth looks like a pullback. Of course, the dollar is the key player here, as it was under pressure yesterday but is trying to grow again today. It's crucial to see how the dollar will be traded next. Personally, I'm just observing without any specific targets. However, I believe we might drop below 1.3250 again, where I will still be considering buying opportunities.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade