July 16, 2019 : GBP/USD is about to establish a sideway-range near 1.2400 before resuming bearish decline.
Since May 17, the previous downside movement within the depicted bearish channel came to a pause allowing the recent sideway consolidation range to be established between 1.2750 – 1.2550 with a prominent key-level around 1.2650. In June , temporary bullish consolidation patterns were demonstrated above 1.2650 for a few trading sessions. However, the price level […]