The GBP/USD pair fell slightly during the course of the day, testing the 1.30 level for support. If we can break down below there, I feel that the market
The GBP/USD pair fell slightly during the course of the day, testing the 1.30 level for support. If we can break down below there, I feel that the market then will reach to the 1.2850 level below. If we can break down below there, the market should then reach down to the 1.25 handle. Any rally at this point in time will more than likely be a selling opportunity, so therefore I more than willing to sell exhaustion every time I see it. I have no interest whatsoever in buying this market.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
