The currency pair went upwards last week and has broken out 1,2372 resistance area. GBP/USD stays above this level at the moment of writing.
The main events last week were from the United States and we have already mentioned them in our EUR/USD review. There was nothing important coming from the GB.
As for the current forecasts, we expect GBP/USD to move towards 1,2677. However, the fundamental situation is unstable and surprises are possible.
The main events last week were from the United States and we have already mentioned them in our EUR/USD review. There was nothing important coming from the GB.
As for the current forecasts, we expect GBP/USD to move towards 1,2677. However, the fundamental situation is unstable and surprises are possible.