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GBPUSD trades lower today after strong gains this week

GBPUSD trades lower today after strong gains this week
The GBPUSD has moved sharply higher this week and in the process extended above a swing area near the 1.2950 to 1.3000 this week. The price also moved above a topside trendline near that area (see green number circles on the chart below). The run to the upside yesterday and today stalled right near the low of the next swing area target that comes between 1.31465 and 1.3221 (see red number circles on the chart below). The high price today reach 1.31415 and we are seeing modest declines offer that... Read More
Posted: Jul 14 2023, 13:50
Author Name: forexlive
Views: 102618

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