GBPUSD is likely to experience significant upside from this point, with the 1-year pivot point acting as support. While the pair remains mostly bearish, buyers are entering the market and anticipating further gains. The current conditions appear favorable for an upward move.
No Nonsense. Just Really Good Market Insights. Leave a Boost
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.