RKarina

GBPUSD: Is this week's trend up or down?

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RKarina Uppdaterad   
FX:GBPUSD   Brittiska pund/Amerikanska dollar
RKarina sends greetings at the beginning of the week to everyone, wishing you all a smooth and exciting trading week.

Currently, GBPUSD is maintaining a fairly stable price around 1.266, recording a 0.08% recovery during the day. The GBP/USD pair has formed a good recovery on Friday from the level of 1.2600, which has been a low point for a week and a half, and has attracted some positive momentum.

In terms of trends, GBPUSD is still in a sideways state, but in the short and medium term, it seems that the buying side is holding strong with price increases after this currency pair tested the 34 and 89 EMA lines and continued to move up.

My goal for this week is for GBPUSD to continue rising with two main targets, namely 1.270 and 1.276. What about you? Do you have a goal for an increase or decrease in price?
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