Forexpamm

GBP/USD. The dollar goes on a counterattack.

British currency like the euro used the weakness of the dollar and updated the local maximum. But since the observed ascending movement is supposed to be in the framework of the development of correction, it is hardly worth expecting even more serious feats from buyers.

Probably, already during the current trade day we will see the beginning of a decrease in the pair. In this regard, it is recommended to try again to start selling on current market values.

Investment idea: Sell 1.2640, Stop Loss 1.2670, Take Profit 1.2450.