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FX.co ★ dusty24 | GBP/USD

GBP/USD

And as for the GBPUSD pair, nothing has changed in terms of the ongoing upward movement. Especially since on Friday, new highs were once again reached, even if only slightly. However, we still couldn't manage to hold above 1.3593, and in fact, it remains a false breakout. Furthermore, on Friday, there was a drop. Today, we opened with a gap to the downside and attempted to decline. Although it hasn't been very successful so far because the entire drop was bought up, the gap was closed, and we are trading above 1.35. Nevertheless, it is important to see how we will trade during the American session. Overall, I am still leaning towards a short position. Therefore, if we climb back above 1.3575, I will sell there.

GBP/USD

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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