Technical analysis of GBP/USD for May 1-6, 2023
Trend analysis GBP/USD may start moving down this week, starting from the level of 1.2562 (closing of the last weekly candle) to 1.2466, which is the 14.6% retracement level (red dashed line). Upon reaching this price, the pair will resume an upward movement towards 1.2583, which is the upper fractal (red dashed line). Fig. 1 […]