Gbp/Usd pulled back slightly to support and consolidated there last week for a couple days, during this time the selling pressure had paused.
Today we can see that price has moved lower to our trend line we can look for buying opportunities around 1.275 we may soon see price reverse and try to challenge previous highs. If price does break short we can look to 1.2800-1.2775 as a key level, I remain bullish on this pair throughout this coming week.
Today we can see that price has moved lower to our trend line we can look for buying opportunities around 1.275 we may soon see price reverse and try to challenge previous highs. If price does break short we can look to 1.2800-1.2775 as a key level, I remain bullish on this pair throughout this coming week.