GBPUSD: Wait for a new price increase
Today, the GBPUSD pair maintains stability above the 1.2600 level, moving within a price wedge, indicating a potential upcoming breakout from its current trend.
Both the short and medium-term outlooks remain favorable for GBPUSD buyers, as evidenced by the current behavior of the two EMAs. The pair is expected to rise after reaching the boundary of the trendline.
Both the short and medium-term outlooks remain favorable for GBPUSD buyers, as evidenced by the current behavior of the two EMAs. The pair is expected to rise after reaching the boundary of the trendline.
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