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Back Fundamental analysis
Overview of the GBP/USD Pair. Preview of the New Week. Dollar Dominates, Pound Awaits
The GBP/USD currency pair also slightly
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The GBP/USD currency pair also slightly corrected on Friday, which does not affect the overall downward trend the British currency has been in since May 1. It may seem that the British currency is in a long-term downward trend; however, two months of decline is a common pattern on the chart that has regularly formed over the last 9-10 months, as is clearly visible on the daily timeframe. Thus, no matter how severely and groundlessly the pound falls, we believe
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Paolo Greco,
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