The Monday after an NFP Friday is often liquid.
Welcome to another trading week.
With a low impact economic calendar, we expect a quiet trading day in either direction.
GBPUSD forecast for today.
As I write, the charts are printing bullish candles.
If it continues that way, then here are the targets price will test.
1.24715, 1.25230, 1.25596, 1.26063
If we are to go to the downside, we should see price at 1.23049
As we get into the London open, buyers need to consider the possibility of price coming to the daily pivot before it rallies up.
Hope you have yourself a great and profitable trading week.
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