GBPUSD continues to trend up but USD has been performing well
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British pounds appear to stay consistently solid over the last few weeks. Looking at the Fibonacci level, it seems strength is consistent but slightly above average mid-range. However, it is in the upper range of entry if one still wants to take the opportunity for potential profit. This could be a long-term play, but the U S dollar has performed reasonably well for the last five days.
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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.