GBPUSD Daily Analysis – August 9, 2023

GBPUSD has been trading sideways within a range between 1.2619 and 1.2791. As long as the price remains below the falling trend line on the 4-hour chart, the sideways movement could be considered as consolidation within the ongoing downtrend from 1.3141. In this scenario, another potential fall to test the 1.2590 support level is still &#8230; <a href="https://www.forexcycle.com/short-term-forex-analysis/136595-gbpusd-daily-analysis-august-9-2023.html">Continue reading<span> "GBPUSD Daily Analysis &#8211; August 9, 2023"</span></a>