WorldForex_Eng

GBP/USD Bears are strong again

FX:GBPUSD   British Pound / U.S. Dollar
Buyers have tried to run the currency pair towards 1,3250 in vain. The price reversed and decline to 1,3000 and even lower on Friday. The Bulls are still waiting for their opportunities.

What to do next week? We advise to wait for the signal first. If it appears, then you can buy the currency pair targeting 1,3250. However, if GBP/USD confirms the breakout of 1,3000, then you can sell the currency pair aiming at 1,2750.

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