Hello friends, recent uptrend in GBPUSD looks very weak. The daily candle indicates a reversal and a drop to 1.22 area maybe be possible early next week.
In my opinion, GBPUSD can also drop to 1.19 again next month. The recent uptrend is due to USD dollar pullback and not GBP strength.
So, I prefer to sell the rallies.
In my opinion, GBPUSD can also drop to 1.19 again next month. The recent uptrend is due to USD dollar pullback and not GBP strength.
So, I prefer to sell the rallies.