FX.co ★ GBP/USD

In principle, nothing unexpected happened with the GBPUSD pair either, because the upward movement continued. Moreover, we once again renewed the highs. But in the end we still haven’t managed to consolidate above 1.3505, although we are trading near the 35th figure. Personally, I expected that there would first be a significant pullback and only then growth, but it turned out differently, although I still do not rule out that we can move lower. Naturally, the weakness of the buck had an impact here, which is not surprising after the negative NFP. However, the unemployment rate itself came out lower than forecast. In general, I still don’t consider trades from these levels. But I believe we can pull back significantly. And if we go below 1.34 and especially 1.3385, then I will buy there.