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GBPUSD Daily Analysis – August 4, 2023

GBPUSD is in a downtrend from 1.3141, and the recent bounce from 1.2619 could be considered a consolidation phase within this downtrend. As long as the price remains below the descending trend line on the 4-hour chart, it is reasonable to expect the continuation of the downward move. Another fall to test the 1.2590 support … Continue reading "GBPUSD Daily Analysis – August 4, 2023"... Read More
Posted: Aug 4 2023, 02:43
Author Name: forexcycle
Views: 080748

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