Trend analysis (Fig. 1). The pound-dollar pair may move upward from the level of 1.1585 (close of Friday’s daily candle) to the target of 1.1588, the 23.6% retracement level (yellow dotted line). After testing this level, continued upward movement is possible with the target of 1.1743, the 38.2% retracement level (blue dotted line). Upon reaching […]