The US dollar is currently in a correction, but is likely to continue the trend down.
GBP/USD: price to reach the lower 'Window'
Information is not investment advice
The last bearish 'Harami', which has been formed at the last local high, led to the current decline. It's likely that the price is going to reach the lower 'Window' at 1.2953 in the coming hours. If a pullback from this level happens next, there'll be an opportunity to have another upward rally, so we should watch the previously tested resistance at 1.3359 as a possible bullish target.
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
AUD/USD tried to recover this week, but its advance was stopped by the 100-day MA at 0.6830.
GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.
EUR/NZD has been descending since the middle of October when it recoiled down from the resistance line connecting 2015 and 2018 highs.