GBPUSD Daily Analysis – June 27, 2023
The GBPUSD currency pair has been trading within a short-term downtrend, following its decline from the recent high of 1.2847. As long as the key resistance level at 1.2785 holds, market participants anticipate further downside potential, with potential targets at 1.2610, followed by 1.2500. The ongoing downtrend suggests that sellers continue to exert pressure on … Continue reading "GBPUSD Daily Analysis – June 27, 2023"
The GBPUSD currency pair has been trading within a short-term downtrend, following its decline from the recent high of 1.2847. As long as the key resistance level at 1.2785 holds, market participants anticipate further downside potential, with potential targets at 1.2610, followed by 1.2500. The ongoing downtrend suggests that sellers continue to exert pressure on … Continue reading "GBPUSD Daily Analysis – June 27, 2023"
