GBPUSD Daily Analysis – August 14, 2023

Following its interaction with the descending trend line on the 4-hour chart, the GBPUSD currency pair experienced a sharp decline, dropping to 1.2665. There is a possibility of a further decline, testing the support level at 1.2590. If the price breaks below this level, it could potentially lead to a move towards the 1.2500 area. … <a href="https://www.forexcycle.com/short-term-forex-analysis/136630-gbpusd-daily-analysis-august-14-2023.html">Continue reading<span> "GBPUSD Daily Analysis – August 14, 2023"</span></a>