Idea on a chart.
GBP/USD trades in negative territory below 1.2950 on Friday. Disappointing Retail Sales data from the UK combined with the US Dollar (USD) recovery, fuelled by safe-haven flows, causes the pair to stay under bearish pressure ahead of the weekend. GBP USD Low taken out and Asian lows it could aim for Asian highs but i want a high to break and retest on the FVG.
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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.