FX.co ★ GBP/USD

It should be noted that nothing particularly has changed for the GBPUSD pair either in the sense that we continue to trade in the same range. And of course it should be noted that we still have a downward movement. Moreover, today there were also attempts to move down, but nothing really worked out so far, because we didn't even update the local lows. And now we're rising again, although, once again, it's all meaningless. And still I don't see any clear near-term targets on either side. But it's important how the dollar will trade going forward, because we already have statistics. Overall I'm still on the sidelines; I don't consider trades from these prices. But I believe that we can drop below not only 1.32 but also 1.3140. And there I will start looking for buying opportunities.