August outlook.

7 Ağu 2018

GBPUSD has been falling for a long time and is close to strong support levels. Possible correction in the near future. The chart shows that volumes are falling along with low volatility. A strong divergence was formed. Therefore, in the near future it is necessary to monitor the levels and it is likely that the pair will bounce up with a correction to the levels 1.35 and 1.38. Follow the news. By the way, the DXY index is also trading at historical highs, a downward correction is possible. This will give an incentive to buy the GBPUSD pair.
Good day everyone!)
Remember - the most profitable deal is ahead of you!)