Will GBPUSD recover again?Hello everyone, what are your thoughts on the upcoming recovery phase for GBPUSD?
In this analysis, I'm feeling optimistic about the rebound potential of GBPUSD. Following a significant drop, as previously indicated, the price has started to adjust upwards with higher lows being established.
If these two support levels hold firm, an uptrend could be confirmed, targeting the resistance levels at 1.273 and potentially pushing beyond to 1.278.
Best of luck, and don't forget to share your views in the comments below!