July 31, 2020 : GBP/USD Intraday technical analysis and trade recommendations.

Intermediate-term Technical outlook for the GBP/USD pair remains bullish as long as bullish persistence is maintained above 1.2265 (Previous Consolidation range Lower Limit) on the H4 Charts. On May 15, transient bearish breakout below 1.2265 (the depicted demand-level) was demonstrated in the period between May 13 – May 26, denoting some sort of weakness from […]