GBP/USD Turns At Risk of Further Declines

<p>Key Highlights GBP/USD started a downside correction below the 1.2950 support. It traded below a major bullish trend line with support near 1.2850 on the 4-hour chart. Crude oil prices climbed further higher above the $77.20 resistance. The UK Manufacturing PMI declined further from 46.5 to 45 in July 2023 (Prelim). GBP/USD Technical Analysis The […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/511324-gbp-usd-turns-at-risk-of-further-declines/">GBP/USD Turns At Risk of Further Declines</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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