Overview of the GBP/USD pair. July 8. “Trump is part of a coronavirus disaster.” The European Commission lowered its forecasts

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – downward. Moving average (20; smoothed) – upward. CCI: 179.4777 The British pound resumed a strong upward movement in the second half of the past day and overcame the Murray level of “5/8”-1.2512, which we called key for the […]