GBP/USD broke lower from its consolidation towards the 1.3040 key support.
If price stays above 1.3040 and bounces towards the upside, the GBP/USD is likely to stay within the range of 1.3040 and 1.3220 (180 pip range).
However, depending on recent DXY strenght, look for short term selling opportunities of GBP/USD if it breaks below 1.3040.
If price stays above 1.3040 and bounces towards the upside, the GBP/USD is likely to stay within the range of 1.3040 and 1.3220 (180 pip range).
However, depending on recent DXY strenght, look for short term selling opportunities of GBP/USD if it breaks below 1.3040.