GBP/USD. August 12. COT report. UK GDP shrank by 20.4% in the second quarter. Sellers can continue to get rid of the pound

GBP/USD – 1H. Hello, traders! On the hourly chart, the quotes of the GBP/USD pair performed a reversal in favor of the US currency and anchored under the upward trend line. A new downward trend line is also built in parallel with this line. Both now show the “bearish” mood of traders. Nevertheless, the British […]