FX.co ★ dusty24 | GBP/USD
GBP/USD
For the GBP/USD pair, buyers were quite active yesterday, and as a result of the subsequent rise, we were able to easily break through the local resistance level around 1.3210. However, we encountered difficulties in holding above this level, despite the relatively high trading volumes. This weakness on the part of the bulls, in the absence of further growth, actually opens up good prospects for further strengthening of the dollar. In conclusion, I still prioritize selling, so today I will be waiting for a pullback from the resistance level at 1.3210 for the GBP/USD pair and a resumption of the decline towards the nearest calculated support level at 1.3140.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade