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GBPUSD Is Moving Down as Expected +100 pips so far

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FX:GBPUSD   Brittiska pund/Amerikanska dollar
GBPUSD Is Moving Down as Expected +100 pips so far

After the UK reported soft CPI data last week, we saw the GBP take a pause and on Friday the GBPUSD began another bearish wave.

However, this new wave was related to the attack against Iran by Israel.
We may see a shift of liquidity across safe haven currencies as long as the situation on the Middle East is not clear.

You may watch the video for further details.
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