Gbp/Usd continues its directionless movement with limited upside. 1.4025 become a tough resistance level, bulls will extend further if the pair breaks above it.
The pair seems to hold steady on the downside ahead of US core PCE inflation for January, break below 1.3720 would confirm further decline.
The Pound looks bullish to me, id consider long next week.
GBP/Usd continue to trade in a tight range, remains in the negative territory. Immediate support level can be found at 1.3710, break below would lead the pair decline further.
The best way is to watch the news. They can show quite a general picture that every trader needs before beginning to trade
GBP/USD consolidating around 1.38.
The Sterling seems to strengthen.
Gbp/Usd continue its sideway trading, stuck between 1.3840 to 1.4000 range. I expect the pair would continue to consolidate before FED and BOE monetary policy decision this week.
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