GBPUSD is testing resistance to continue falling

6 בינו׳

GBPUSD is forming a small correction due to the weakness of the dollar. A lot of economic data is published this week. Based on the Fed's stance and Trump's policy, we can assume that the dollar growth will continue, GBP will then fall.

Scenario: Price is testing the previously broken support at 1.24887, which now acts as resistance. If the market does not let the price into the buying zone, and after a false breakdown GBPUSD consolidates below this level, the price will head towards 1.235

8 בינו׳

עסקה סגורה: היעד הושג