FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

The same can be seen in GBP/USD, the move towards 1.3700 looks good, but going above 1.3730/50 wouldn't be necessary. However, the fact that the levels hid the key zone today, and the price opened at the lower channel boundary, even though this may not be a sign of a decline, in combination it could lead to a downward move following the bearish scenario without much surprise. Overall, I expect a move above the daily balance and further down for today. These are my current views for the morning.