The GBP/USD witnessed a slight bounce during Friday's trading session, as it grapples with the 200-day Exponential Moving Average and endeavors to chart its course forward. If we manage to surpass the high point of the candlestick for the Friday session, there's potential for the British pound to regain some ground. Keep a close watch on the 1.2650 level above, a critical barrier that many traders will be closely monitoring. This level is especially noteworthy as the 50-Day EMA converges around that area, potentially ushering in increased market volatility. In this context, it's crucial to keep a keen eye on the ... (full story)