Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
GBP/USD: price fixated above Moving Averages
Information is not investment advice
The price fixated above the Moving Averages, but there's a bearish 'Harami', which hasn't been confirmed yet. In this case, we should watch the nearest support at 1.3051 as an intraday target. The subsequent pullback from this level could lead to another upward price movement towards the next resistance at 1.3540.
The Canadian employment change has been published together with the US PPI. Don't miss the best chance of this week!
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