GBPUSD Analysis May 30, 2021
On the weekly timeframe we can see that price is getting weak and weaker as it’s losing steam to the upside.
On the daily timeframe we are in an uptrend but price is failing to push to the next high point. Price could either break the highs and push or pull back to the monthly support level at 1.39500. the key level that I will be looking at is 1.4100. If price respect this area it is when I will be looking for buys.