💷 GBP/USD Big Opportunity for Growth 💷

💷 GBP/USD Big Opportunity for Growth

💷 GBP/USD hasn't had a good run in recent weeks

💷 This could all change in the coming weeks on the back of an improving economic situation in the UK.

💷 There is still one more interest rate hike to come in the British Isles.

💷 Which will certainly be a significant factor for the price to strengthen.

💷 So will falling inflation and avoiding recession.

💷 Adding the fact that we are close to the current support zone adds to the attractiveness of buying the pound

💷 The scenario I am playing out is a strong strengthening of the Pound over the coming weeks.

💷 The nearest zone of resistance is around the price level of 1,248

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