FX.co ★ hickle.manuela | Comprehensive Analysis in Trading: Mastering Methodologies

On the GBP/USD chart, trading on Friday stopped near the support level of 1.3340. Therefore, the growth may resume right from the current levels at the opening. I am not talking about a reversal to the north, I am just hinting at the possibility of a correction after the wave of decline that we saw on Friday. Of course, there may be gaps, but if it is a southern gap, then there will be more reasons to buy. I expect a correction at least to 1.3375, it could go above 1.3400. In this scenario, there will be chances for a more significant price recovery. The current situation definitely looks unpredictable, so tomorrow could turn out to be volatile again. Hello traders