GBPUSD Tuesday, February 3
The short trend of the British pound against the US dollar is neutral. As long as the 1,3608 support remains in place, one can expect another GBPUSD pair to start moving. In the eyes of buyers, the break of $ 1,3758 could bring the uptrend starting from $ 1,1409 to the estimate of 61.8% Fibonacci at $ 1,3956. However, from the traders' point of view, if GBPUSD falls below the support of $ 1,3608, it will indicate the formation of a short-term price peak, especially since there is a downward divergence in the four-hour MACD indicator. In this case, the short-term GBPUSD trend will decline.