Preferred direction: BUY
Comment: The buy-priority is still relevant for the pound this week. It should be noted here that the buying power is one of the strongest among the major currency pairs. Short- and medium-term prospects are in favor of the buyer. Inflation in the USA may, surely, make its own adjustments, but nevertheless, technically, the accumulated volume forces us to look more closely at buy-deals. The first level is, of course, level 1.27000, and then 1.28000. In the longer term, we can expect a level of 1.29000.
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Comment: The buy-priority is still relevant for the pound this week. It should be noted here that the buying power is one of the strongest among the major currency pairs. Short- and medium-term prospects are in favor of the buyer. Inflation in the USA may, surely, make its own adjustments, but nevertheless, technically, the accumulated volume forces us to look more closely at buy-deals. The first level is, of course, level 1.27000, and then 1.28000. In the longer term, we can expect a level of 1.29000.
Thank you for like and share your views!
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