GBPUSD pulls back but bulls can be back next week

GBPUSD had shown short-term overbought signs in the 4 hour chart and is pulling back after making a short-term top at 1.2522. Price is expected to form a higher low around 1.24 before the resumption of the up trend. Red rectangle – resistance area Green lines – expected path GBPUSD has made a higher low […]