GBP/USD Could Rally If It Surpasses 1.2300

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp187.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp187.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp187-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp187-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp187-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights GBP/USD is attempting a recovery wave above the 1.2150 resistance. A major bearish trend line is forming with resistance near 1.2250 on the 4-hour chart. EUR/USD is struggling to recover above 1.0600 and 1.0620. Gold prices climbed toward $1,855 before the bears appeared. GBP/USD Technical Analysis The British started a major decline below […]</p>
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