Technical analysis of the GBP/USD pair for the week of July 20 to 26

The pair, after breaking through the resistance line 1.2665 (red bold line), declined and almost tested the pullback level 50.0% – 1.2456 (blue dashed line) last week. Most likely, the price may begin to increase this week. Trend analysis. This week, the price will increase from the level of 1.2563 (closing of the last weekly […]