GBPUSD Tests Key Descending Trendline

<p><img width="612" height="315" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-gbp63.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-gbp63.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-gbp63-600×309.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>GBPUSD slightly higher today as market digests Fed meeting It tests again the July 14 aggressive descending trendline Momentum indicators remain muted ahead of next key event GBPUSD is trading slightly higher, testing the resistance set by the July 14 downward sloping trendline that has defined the downleg since the July 14 high at 1.3141. The […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/525733-gbpusd-tests-key-descending-trendline/">GBPUSD Tests Key Descending Trendline</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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