GBP/USD attempted to grow last week, but there was a huge bearish candlestick on Thursday after the news about resign of UK Brexit Minister.
However, the curency pair reversed on Friday giving bulls some hope to change the situation. We think that the currency pair is likely to move towards 1,3000 first.
There you need to look at the situation. If there is a bearish signal, you can open short orders. However, if the currency pair develops its uptrend, you can hold long orders towards the next resistance area.
However, the curency pair reversed on Friday giving bulls some hope to change the situation. We think that the currency pair is likely to move towards 1,3000 first.
There you need to look at the situation. If there is a bearish signal, you can open short orders. However, if the currency pair develops its uptrend, you can hold long orders towards the next resistance area.