GBPUSD Forecast, British Pound/U.S. Dollar Forex Analysis GBP/USD Today's Price Analysis (07/09/20)
Prices have been moving inside a channel - no trend - trendless condition and generally the best option is to hold.
Based on Technical Analysis, the idea is to hold and see what will happen in the next market days around the Support Level of 1.265 USD. If the support level will be broken there might be a possibility to go short, otherwise go long meaning that the support has worked as support for a new really.
GBPUSD
Prices have been moving inside a channel - no trend - trendless condition and generally the best option is to hold.
Based on Technical Analysis, the idea is to hold and see what will happen in the next market days around the Support Level of 1.265 USD. If the support level will be broken there might be a possibility to go short, otherwise go long meaning that the support has worked as support for a new really.
GBPUSD