The GBP/USD pair went back and forth during the course of the session on Friday, but it still looks as if there is plenty of support below. If we can
The GBP/USD pair went back and forth during the course of the session on Friday, but it still looks as if there is plenty of support below. If we can break above the top of the range for the session on Friday, and looks as if the market will continue to go much higher. We could reach the 1.50 level given enough time, and as a result we are very bullish of this market. We believe there is massive support all the way down to the 1.44 handle. Ultimately, we have no scenario in which we are willing to sell at the moment.
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.
