The GBP/USD pair did very little during the session on Friday, as we continue to hover around the 1.6350 handle. This market looks like it’s quieting down for the holiday season, but we do believe that ultimately the market is bullish. With that being the case, some type of pullback with a supportive candle would have us buying, or a break out to the upside. Nonetheless, it may not even be in the next few sessions that we see something like this kind of signal as liquidity dries out in this market.
Written by FX Empire