The cable is trading in a range for 2 weeks now, with clear support under 1.29 where buyers are very strong.
If USD weakness will continue I expect GBP to be the main beneficiary and the pair could retest 1.35 zone pretty quickly
Buy dips can be a good strategy for this pair
If USD weakness will continue I expect GBP to be the main beneficiary and the pair could retest 1.35 zone pretty quickly
Buy dips can be a good strategy for this pair
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.