GBP/USD: plan for the European session on July 7. COT reports (analysis of yesterday's trade). Pound buyers form the basis for continuing the upward trend. Aim for resistance 1.2516
Relevance up to 07:00 2020-07-08 UTC+2 To open long positions on GBP/USD, you need: From a technical point of view, only the resistance level of 1.2516 has changed since yesterday, which is the upper limit of the base that buyers of the pound have formed to continue the bullish momentum. It was ....