GBP/USD price (H4) fell on Friday due to American dollar strengthening, after better-than-expected labor market data readings. It took place after consolidation bullish breakout. Losses however were not too dynamic and the support zone is still active. In the broader picture it looks like a retest of previously defeated zone. Support gives us some demand signals – e.g. pin bar candle. It seems, that in the nearest future the rate will increase (targeting the previous high).
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