Technical Analysis of GBP/USD for July 21, 2020:

Technical Market Outlook: The GBP/USD pair has tested the key short-term supply zone located between the levels of 1.2668 – 1.2686, but the Bearish Engulfing pattern had been made at the H4 time frame chart. The volatility has decreased and the momentum is just slightly above the level of fifty. Only a sustained breakout above […]