According to Credit Suisse, the GBP/USD pair, currently trading at 1.30662, is expected to remain optimistic and continue to rise towards the 78.6% retracement level of the decline that occurred between 2021 and 2022, which is located at 1.3414.

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According to Credit Suisse, the GBP/USD pair, currently trading at 1.30662, is expected to remain optimistic and continue to rise towards the 78.6% retracement level of the decline that occurred between 2021 and 2022, which is located at 1.3414.

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    GBP/USD strength has stalled near term, but analysts at Credit Suissemaintain a bullish outlook for the 78.6% retracement of the 2021/2022 fall at 1.3414.

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