Yesterday, the triangle pattern worked out well. It was not drawn for nothing for so long, as it later resulted in an impulsive breakthrough. In this case, the breakthrough to the south occurred. The price broke below the support at 1.3375 by the end of the week. Purely technically, on the chart, a continuation of the decline is seen towards 1.3300 and 1.3270. However, the situation on the dollar index does not look so straightforward anymore, suggesting a correction. Therefore, selling GBP/USD is not recommended at the moment. In general, buying from 1.3270 looks very tempting, but there are big doubts that the price can drop so low. The situation over the weekend may be influenced by the Middle East crisis.
