$GBPUSD Pound Continues the Downtrend -
What is worth noting right now is that there is a lot of support underneath the 1.30 level, that extends down to the 1.28 level.
If we were to turn around and break above the highs of the trading session on Thursday, we could go looking to reach the 1.32 level, which I think is considered to be a massive resistance barrier. Furthermore, not only has it been important multiple times in the past, but we also have the 50 Day EMA racing through that level, and falling. That should offer a bit of dynamic resistance, and therefore I think will attract a lot of attention in and of itself.
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