FX.co ★ Timothy4x | GBP/USD

GBP/USD Greetings. He himself never opened the pound, although he spoke more than once about targets in the area of 1.2455, which were eventually taken yesterday, but even here it was just a false breakout. No matter which way you look at it, nothing much has changed in our pair, because if you look at the daily cycles, the downward movement remains the main one. But the local upward trend is also in force, especially since there was a false breakout. Moreover, the dollar itself grew quite well yesterday after positive indices in the states. Although in any case, it is important how the dollar will be traded next week, because we have quite a few important statistics coming out, including non-news at the end of the week. And of course, we shouldn’t forget about the FRS. Although for now I will focus on a false breakout and therefore, if we go down to the area of 1.2465, I will buy there too, especially since the stop will be very small.