GBPUSD-06/22/2023
Preferred direction: BUY
Comment: Market participants are waiting for the decision of the Bank of England on the interest rate, that, according to analysts' forecasts, is likely to be increased. Today, the rate has already been raised in Switzerland, and most likely the UK will also continue to raise, as there are reasons for that. Technically, the instrument continues to move towards its target, which we indicated earlier at the level of 1.28484. We expect the price there.
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Comment: Market participants are waiting for the decision of the Bank of England on the interest rate, that, according to analysts' forecasts, is likely to be increased. Today, the rate has already been raised in Switzerland, and most likely the UK will also continue to raise, as there are reasons for that. Technically, the instrument continues to move towards its target, which we indicated earlier at the level of 1.28484. We expect the price there.
Thank you for like and share your views!
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