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Trader Journals:::2026-05-07T06:40:50

GBP/USD

GBP/USD

On the one hand, the GBPUSD pair continues to move upwards, and yesterday it showed decent growth. On the other hand, we still failed to update the highs and stay above 1.3641, not to mention 1.3655. Moreover, there were attempts to decline yesterday. It should be noted that I don't see any clear immediate targets to the upside. However, there are still plenty of old levels below, with the nearest one around 1.3445. Of course, a lot depends on the demand for the dollar and how the dollar will be traded further. Nevertheless, I still look to the south, and if we find ourselves around 1.3620 again, I will sell there, but only with a stop loss.
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