Trading plan for GBP/USD for July 16, 2020

Trading plan: GBP/USD might have carved a meaningful top around 1.2800/15 levels in early June 2020 and has held below since then. The currency pair is seen to be trading around 1.2550 levels at this point in writing and is expected to continue lower below 1.2250 levels, going forward. Immediate resistance is seen towards 1.2815, […]