British Pound decreased significantly last week. The currency pair was under the pressure due to uncertainty around Brexit. The problem is still the same – The European Union and British government have no common points in how to conclude this divorce.
The currency pair fall below 1,3000 and moved towards 1,2750, but failed to reach that level. GBP/USD is trying to reverse on Friday and we think that the currency pair is going to target 1,3000 first. What’s next? Let’s wait until the currency pair touches this level first.
The currency pair fall below 1,3000 and moved towards 1,2750, but failed to reach that level. GBP/USD is trying to reverse on Friday and we think that the currency pair is going to target 1,3000 first. What’s next? Let’s wait until the currency pair touches this level first.