GBPUSD continues to trend up but USD has been performing well

Apr 20, 2023

British pounds appear to stay consistently solid over the last few weeks. Looking at the Fibonacci level, it seems strength is consistent but slightly above average mid-range. However, it is in the upper range of entry if one still wants to take the opportunity for potential profit. This could be a long-term play, but the U S dollar has performed reasonably well for the last five days.