GBPUSD Daily Analysis – August 8, 2023

GBPUSD is below the falling trend line on the 4-hour chart and remains in a downtrend from 1.3141. As long as the price remains below the trend line, the recent bounce from 1.2619 could be considered as consolidation within the overall downtrend. In this scenario, another potential fall to test the 1.2590 support level is … <a href="https://www.forexcycle.com/short-term-forex-analysis/136576-gbpusd-daily-analysis-august-8-2023.html">Continue reading<span> "GBPUSD Daily Analysis – August 8, 2023"</span></a>