GBPUSD, “Great Britain Pound vs US Dollar”
The GBPUSD pair is in a consolidation phase around 1.2705 without any strong trend. The consolidation range might expand to 1.2764. Subsequently, the price could decline to 1.2605 (testing from above) and then rise to 1.2666. After the price reaches this level, a decline wave could start, aiming for 1.2444 as the first target of the next decline wave.
Origin: RoboForex
