GBPUSD | Perspective for the new weekThe GBPUSD is trading to a new session high since the beginning of last week and has reached its 32.8% retracement of the week's downward trading range as bears refused to give up. However, from a technical perspective; As at the close of the trading week price action is oscillating right within a strong demand zone that has a memory for buying power that spans over 6 years and we might be looking forward to an opportunity to join a potential retracement wave into 50 to 78.6% retracement before a projected selling opportunity within 1.26 and 1.29 area in the near future.
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