Karina_Bella

GBP/USD surges to 1.2500

Karina_Bella Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hello dear friends! Just like the EURUSD pair, GBPUSD is also supported for an increase in price due to the weakening of the USD and the decrease in US Treasury bond yields, which provides some support for GBP/USD. The currency pair is currently trading at 1.2498 and has maintained a high level for over a month, with prospects of further price increase to the Fibonacci level of 1.618 after a slight correction to 1.238 and a retest of the 89 EMA

Karina's idea and goal is to increase prices, what about you?
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