GBP/USD Review, March 30-April 3, 2020
30 March 2020
The currency pair went upwards last week and has broken out the resistance at 1,2372. Weak US labor market data was the main driver last week.
The Bank of England has made no changes in the monetary policy and the rate is at 0,10% currently, giving additional support to the British currency.
We expect the currency pair to develop its growth. The next target is 1,2677.
