At the 4HR timeframe, I am speculating on a sell. I am interested in shorting; buying the US Dollar.
Most likely, there could be a decline in price down to $1.0520. We have to watch out for important economic news and data release from the United Kingdom. There have been lots of negative political reactions toward the newly elected Prime Minister Liz Truss. There's been a request for her to resign saying she isn't fit for the job(some requests coming from her party). The Pound has declined sharply against the US Dollar for some months now
Most likely, there could be a decline in price down to $1.0520. We have to watch out for important economic news and data release from the United Kingdom. There have been lots of negative political reactions toward the newly elected Prime Minister Liz Truss. There's been a request for her to resign saying she isn't fit for the job(some requests coming from her party). The Pound has declined sharply against the US Dollar for some months now