The forex ticker GBP/USD shows the value of the British Pound in relation to the US Dollar. It informs merchants how many US Dollars are required to purchase one British Pound. The Pound-Dollar is one of the world's oldest and most popular currency pairs.To get more news about WikiFX, you can visit wikifx.com official website.
Looking at 4Hour/daily charts of GBP/USD, the current trend is moving in an upward movement looking to turn around the 1.41403 price to the downside.Therefore look for selling opportunities!!! This is high probability trade and could be a perfect swing opportunity for swing traders.
Do remember to always apply good risk management because GBP/USD is a high volatility pair as it is one of the major pairs in the forex market.
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