GBPUSD Daily Analysis – August 23, 2023

The GBPUSD currency pair is currently encountering resistance at the 1.2817 level. As long as this resistance level holds, the price action from 1.2619 could be viewed as consolidation within the larger downtrend that originated from 1.3141. In this scenario, there is still the possibility of further decline towards the 1.2500 area. However, if the … <a href="https://www.forexcycle.com/short-term-forex-analysis/136701-gbpusd-daily-analysis-august-23-2023.html">Continue reading<span> "GBPUSD Daily Analysis – August 23, 2023"</span></a>