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GBPUSD Analysis – May 16, 2023

The GBPUSD pair recently experienced a failed attempt to break below the support level at 1.2435 and subsequently rebounded from a low of 1.2442. The price action suggests that the pair is currently facing resistance at the 1.2540 level. As long as the 1.2540 resistance holds, the bounce from 1.2442 could be seen as a … Continue reading "GBPUSD Analysis – May 16, 2023"... Read More
Posted: May 16 2023, 03:29
Author Name: forexcycle
Views: 110791

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