Forexpamm

GBP/USD: Currency couple can resume upward movement

Four -hour GBP/USD schedule. On Friday, the currency couple continued the decline and tested the reversal level (1/8). The price could not gain a foothold above the line of the four -hour super -trend and confirm the possible development of a reversal pattern with a goal at the main level of support/resistance (4/8). Nevertheless, the currency pair continues to be held above the mark (1/8), so the U -turn scenario remains relevant. Trade decisions: Buy 1.1380 Take Profit 1.1505