GBPUSD Daily Analysis – July 31, 2023

The GBPUSD pair is currently facing resistance from a falling trend line on the 4-hour chart, reaffirming its position within a downtrend that began at 1.3141. As long as the trend line resistance remains unbroken, there is a strong likelihood that the downside move will continue, with potential targets at 1.2700, followed by 1.2590. These … <a href="https://www.forexcycle.com/short-term-forex-analysis/136452-gbpusd-daily-analysis-july-31-2023.html">Continue reading<span> "GBPUSD Daily Analysis – July 31, 2023"</span></a>