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Trading Recommendations and Analysis of GBP/USD on May 4. The Pound Takes a Step Toward Victory
GBP/USD Analysis 5M
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GBP/USD Analysis 5M The GBP/USD currency pair also aimed to continue its upward movement on Friday, but about eight hours before the close of the day and week, it sharply declined. Of course, such a drop in the British pound could not have been triggered by the relatively important ISM Manufacturing Index from the US. The ISM Index was slightly below forecast, which might have led to a drop in the dollar, but not to its growth.
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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