The GBP/USD pair fell hard during the session on Thursday, but found support at the 1.64 level. However, the biggest thing that we would take out of the session is simply that the conditions were very illiquid, so it’s not too much to get concerned about. Quite frankly, we are more interested in buying this pair down here then selling it, and supportive candles will have is doing just that. Until we get that, we will stay on the marketplace, but still remain bullish of this market going forward. It is possible that the illiquid conditions continue for several more sessions.
Written by FX Empire