Hello traders, yesterday the range trading continued on the GBP/USD chart. Trading is still within the range of 1.3430-1.3500. At the start of the next week, I expect a gap to appear, as today Israel launched a massive rocket strike on Iran. Geopolitical risks will definitely impact the market situation. I anticipate a southern gap followed by a decline towards the sloping support around 1.3400. I am ready to consider buying the pair at that level. I am not considering selling the pair yet, assuming that after a local downward breakout, the pair will switch to active growth towards the thirty-seventh figure and further towards 1.4000.
