GBP/USD Pair Expected to Continue Bullish Momentum
Updated
According to our previous analysis, the GBP/USD pair is growing as we had predicted. Yesterday, the price reached the value of 1.2460 and today, it is still trading within this range. Based on our latest analysis, we anticipate that the value may experience a new bullish impulse in the direction of the main trend, following the pullback on the dynamic trendline and the 61.8% Fibonacci area. This scenario aligns with our previous forecast and suggests that the market may continue to favor the bullish momentum in the coming days. However, it is important to note that market dynamics can change rapidly, and we will continue to monitor the situation closely to identify any potential risks or opportunities.
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