May 2022 Highs insight for the GBP/USD
In light of the broader USD sell off there is potential for further gains for the cable. It is a possible too that the MA ribbons may look like they are getting ready to run parallel indicating that the current short-term uptrend is strong and could get stronger in the medium term. 1st potential target 1.26532( High of May 2022)
Disclaimer
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.