FX.co ★ GBP/USD

It is worth noting that nothing has really changed for the GBPUSD pair, as we continue to trade within the same range. The primary trend remains downward. Although we attempted to move lower yesterday, today we are trying to edge up slightly. However, I still do not have any clear short-term targets, hence no specific ideas. Of course, everything can change soon as the UK GDP data will be released, which could lead to volatility. Nevertheless, much will still depend on the demand for the dollar. Overall, I am not considering trades at these price levels. However, I still do not rule out the possibility of moving above 1.3190-1.32. If we fail to establish support there, I will consider selling.