GBPUSD is going bearish after the long downtrend and it has been tested by a weakness gained by the Dollar causing a slight consolidation at the end of the week . Most likely the BOE interest rate reforms didn't bring about a change in pound strength. The pair is likely to continue with it bear trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.