with the UK set to ease lockdown, I believe we will see the pound strengthen in the coming week. At the end of last week it dipped below the previous low but I believe it is just temporary. im looking to take it to the top of the previous channel
hi...dont you agree that if the pound does strengthen this week, any increase might be a retracement rather than reversal? The major trend on all GBP pairs has been downtrend. And for GBPAUD, it broke below recent support, showing the strength of the sellers.