Trading signals

GBP/USD

GBPUSD

Traders already priced a Boris victory. The pound is ready to conquer fresh highs, however, the lack of drivers and a stronger dollar limited its advance.



The main scenario is a further rally towards 1.3250.

An alternative scenario assumes a break below 1.3080.

 

Trading recommendations

 

If pound overcomes 1.3150, the spot will continue its rally towards 1.3250.

A bear breakout below 1.3080 will trigger fresh losses towards 1.3050.

 

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