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GBPUSD Analysis – May 17, 2023

The GBPUSD pair experienced a brief encounter with the 1.2540 resistance level, only to pull back and establish a trading range between 1.2442 and 1.2540. This price action suggests that the pair remains within a downtrend, which has been in place since the high at 1.2679. Traders should be mindful of the potential for further … Continue reading "GBPUSD Analysis – May 17, 2023"... Read More
Posted: May 17 2023, 01:32
Author Name: forexcycle
Views: 102645

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