Everything is very interesting, but not just on the GBPUSD pair. Yesterday we managed to move in both directions, as the price first rose and even reached the area around 1.3320. However, it failed to hold above that level and eventually dropped again, and currently we are pushing downwards. It is too early to talk about a break in the local downtrend, as the main trend remains upward. Additionally, the UK GDP data will be released soon. It is crucial to monitor the movement of the dollar against the Americans, as we have a lot of economic data coming out, and then Powell will speak. In general, I will be focusing on long positions, so if we drop below 1.3180 again, I will only consider buying at that level.
