GBP/USD Analysis – 09.Jul.2024
GBP/USD Analysis: By analyzing the GBP/USD chart, we observe that the price started to rise exactly as we expected from the specified area, achieving a gain of over 170 pips and reaching the supply zone of 1.28470! As you can see, after reaching this zone, the price experienced a correction and is currently trading around 1.27840. I expect this decline to continue, and we will soon see the price reach lower levels.
(This Post on TradingView)
Author : Arman Shaban
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