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.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
