GBP/USD H1 chart shows a strong support zone, which has already been challenged several times. What’s interesting – at 10:30 we met macro data from the UK and they proved to be worse than expected. Rate dropped, but as the chart shows, there was a strong demand reaction. The support level was once again rejected. In the afternoon USA macro data will be published. If UK information has been ignored, it means that market is waiting for an impulse for further growths. It is a typical situation for a upward trend, and discussed currency pair is currently in the trend’s influence.
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