GBPUSD Daily Analysis – September 5, 2023

GBP/USD has broken below the 1.2547 support level and extended its downside move from 1.3141 to as low as 1.2527. Since the price is currently within a falling price channel on the 4-hour chart, it is likely that the downside movement will continue. The next target for potential support is around the 1.2500 area. The &#8230; <a href="https://www.forexcycle.com/short-term-forex-analysis/136855-gbpusd-daily-analysis-september-5-2023.html">Continue reading<span> "GBPUSD Daily Analysis &#8211; September 5, 2023"</span></a>