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.
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.
