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Trading Recommendations and Trade Analysis for GBP/USD on April 30. Will the Flat End for the Pound?
Analysis of GBP/USD 5MThe GBP/USD currency
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Analysis of GBP/USD 5MThe GBP/USD currency pair once again attempted to surpass the support area of 1.3465-1.3480 on Wednesday, but failed once again. Therefore, the sideways channel of 1.3465-1.3588 remains relevant. We would only consider a downward trend below the 1.3465-1.3480 area. Volatility was again minimal on Wednesday, ahead of the late evening FOMC meeting. We are not currently considering the meeting's results or the market's reaction to them. However, it is worth noting that traders once again ignored the
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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