GBPUSD Daily Analysis – August 1, 2023

GBPUSD is currently experiencing a downtrend that initiated from 1.3141, and the recent bounce from 1.2762 is likely a consolidation phase within this downtrend. As long as the resistance of the trend line remains intact, it is reasonable to anticipate the continuation of the downward movement. The next potential targets on the downside would be … <a href="https://www.forexcycle.com/short-term-forex-analysis/136473-gbpusd-daily-analysis-august-1-2023.html">Continue reading<span> "GBPUSD Daily Analysis – August 1, 2023"</span></a>