GBP/USD Weekly Doji After 1.3000 Bounce

13 Eyl

GBP/USD bears had an open door to press a break this week and failed to do so. The 1.3000 level came into play on Wednesday, leading to a strong bounce in the pair through Friday trade. If we see USD-weakness continue into next week, the long side of Cable remains an attractive backdrop, perhaps even more so than EUR/USD as GBP/USD has recently set a fresh two-year-high while EUR/USD remains inside of the 2023 swing high at 1.1275. - js