Technical Analysis
GBPUSD have big potential to buy around 1.28395. This particular area have big resistance or rejection from the previous level higher time frame, it means lots of buyers took profit and sellers decided to involve in. Based on volume indicator the momentum for buyer is weakening. Target price at 1.28657
Fundamental Analysis
The outcome of the UK's upcoming general election.
The pace of economic growth in the UK and the rest of the world.
The level of inflation in the UK.
The decisions of the Bank of England regarding interest rates.
It is important to note that the economic condition of the UK is complex, and there are many factors that can affect the value of the GBP. The information provided here is not financial advice, and you should consult with a financial advisor before making any investment decisions.
DISCLAIMER:The information on this analysis is based on research and experience, and it is not guaranteed to be accurate or complete
