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FX.co ★ dusty24 | GBP/USD

GBP/USD

It is worth noting that nothing has changed for the GBPUSD pair in the sense that the downward movement continues. On Friday, many were off for the weekend, but even on such a day, we declined and closed below 1.32, indicating pressure to the south. Personally, I don't see any clear immediate targets from either side, but I still believe that we may retest the lows. Tomorrow, some will also be off for the weekend, but Americans will already be in the market, and theoretically, there will be a reaction to positive labor market data in the states. That's why I think we can drop below 1.3150, and I will still be looking for buying opportunities 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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