FX.co ★ dusty24 | GBP/USD

In principle, the GBPUSD pair remains in an upward movement. Today, they grew significantly, but still did not reach new highs, so the short initiative remains. This rise looks more like a deep pullback, as we have not reached 1.3655. We still have good targets below, with a key area around 1.3445. Of course, the weakening of the dollar played a role here, as it was falling before the Americans. But for now, at least the decline has stopped, which is affecting the situation. Overall, I am still not considering buying and focusing on the short initiative. Therefore, if we climb above 1.3615 again, I will sell there.