GBPUSD: Trading plan for the nearest weeks and months

GBPUSD forecast: Fundamental, trend and graphic analysis, volume analysis. Identification of key levels and targets. Weekly and monthly trading plans.

Today's publication will deal with the British pound and the GBPUSD pair.

 

Last time, I analyzed the pair in May. The chart above shows the long-term scenario from May's publication.

There's no reason to revise the above long-term scenario as it coincides with the actual fluctuations. To make sure it's true, let's analyze the latest economic data.

 

Fundamental analysis

 

The chart of the UK 10-year bond yield breaks its historic highs. It confirms the investors' pessimistic sentiment and…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>

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