GBPUSD Daily Analysis – July 20, 2023

GBPUSD has experienced a notable pullback from its recent high of 1.3141, dropping to 1.2866 and breaking below the rising trend line on the 4-hour chart. This technical development suggests that the upside move that commenced from 1.2590 has likely reached its peak at 1.3141, and bearish sentiment is gaining momentum. Bears in Control: With … <a href="https://www.forexcycle.com/short-term-forex-analysis/136281-gbpusd-daily-analysis-july-20-2023.html">Continue reading<span> "GBPUSD Daily Analysis – July 20, 2023"</span></a>