GBPUSD Daily Analysis – August 21, 2023

GBPUSD has broken above the falling trend line on the 4-hour chart. With this breakout, there is a potential for further upward movement in the pair, with the next target being the 1.2817 resistance level. A decisive breakout above this level would confirm that the previous downside move from 1.3141 has completed at 1.2615, potentially … <a href="https://www.forexcycle.com/short-term-forex-analysis/136664-gbpusd-daily-analysis-august-21-2023.html">Continue reading<span> "GBPUSD Daily Analysis – August 21, 2023"</span></a>