The GBP/USD pair tried to rally during the session on Friday, but as you can see struggled to keep the gains. By the end of the day, we ended up forming a shooting star, and that of course is very negative. With this, it appears that the market will continue to struggle to go higher, but we do believe that ultimately the buyers will win. A break of the top of the shooting star is reason enough to start buying, just as a pullback and supportive candle below would be also. Selling isn’t really even a thought in this pair at the moment.
