Hello everyone,
After a quiet trading session in Europe, GBP/USD surged higher, reaching its strongest level since mid-March at 1.2750. With US financial markets closed on Monday for Memorial Day, this could limit the pair's volatility during the US session. However, the overall trend remains favorable for buyers as the price continues to rise above the 34 and 89 EMA lines, signaling and generating new momentum for GBP/USD!
After a quiet trading session in Europe, GBP/USD surged higher, reaching its strongest level since mid-March at 1.2750. With US financial markets closed on Monday for Memorial Day, this could limit the pair's volatility during the US session. However, the overall trend remains favorable for buyers as the price continues to rise above the 34 and 89 EMA lines, signaling and generating new momentum for GBP/USD!
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