GBPUSD CRUCIAL BULLISH SETUP WITH RISKS⚠️💔

7 May

GBPUSD has experienced another decline, landing once more in the demand zone, coinciding with a spike to the upside following the release of recent NFP & Unemployment data. With the Dollar showing signs of weakness, we anticipate a solid rally from the support zone, supported by the identified breakout. Our expectation is for a return towards the formed resistance level.