FX.co ★ King-01 | GBP/USD

THE CURRENCY PAIR GBP-USD Yesterday GBP/USD gave a decent correctional pullback, and the pair reached a depth from which it was very attractive to buy—for me, this is the zone around the level of 1.2644. And yesterday it was tested many times; the price rose a little and then flattened and continues to do so now. I did not buy yesterday; somehow "I didn't get around to it," but now I have no desire to buy. And if you consider that the eurodollar was sold just recently, then there can be no talk of any purchases of GBP/USD.For now, this pair is outside the market, or maybe not yet, but until tomorrow, the Sen 1.26518 and Kijun-sen 1.26714 lines. There are probably no stronger combinations in the indicator.I am selling this asset. I am targeting a reverse buy signal, daily volatility, and the end of the session in order to sleep peacefully, if, of course, I am in profit. In conclusion of the forecast, I would like to say that the indicator gives a strong sell signal. However, the market may act in its own way, since it sets the pace, not the indicator. Therefore, a sales breakdown is possible when the market is above the cloud and consolidates tomorrow; it is already Friday. And again, based on the results of yesterday, We can say that there is a de-correlation between the euro/dollar and GBP/USD. To be honest, even in the intraday readings for today, I have different opinions on currency pairs.Actually, no matter how I planned to sell pounds, I will not do it, but the entry point for buying is already quite close to the current prices. I am not sure yet whether it is worth using it in trading, but just in case, I noted 1.2632 as a place for buying back. The target will be the area of 1.2706, and I think we will finish today on this.