FX.co ★ dusty24 | GBP/USD

Regarding GBPUSD. Greetings to everyone on the last working day of the outgoing week. Yesterday, after the release of economic statistics from the US, our instrument experienced some turbulence. However, buyers emerged victorious in the end. Currently, quotes for the currency pair GBPUSD have slightly dipped to the south, but not far. At the moment, the price is around the level of 1.2495. The majority of indicators set on the hourly chart still favor the bulls. I assume that at the beginning of the European session, we can expect a slight downward movement. However, closer to the evening, I believe that buyers will become active again, and the quotes for the currency pair GBPUSD will head north and confidently establish above the 1.2500 mark.