The GBP/USD pair had a slightly negative week, but found support on Friday near the 1.24 level. This is an area that must hold to continue the uptrend,
The GBP/USD pair had a slightly negative week, but found support on Friday near the 1.24 level. This is an area that must hold to continue the uptrend, the we had started just a couple of weeks ago, if we can get a bullish move, I’m willing to buy this market but I recognize that we could very well pull back to build up more momentum. It’s possible that we are trying to reverse the overall trend, but right now it’s early in that move. Longer-term traders are going to struggle.
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.
