GBP/USD Review, June 20-24, 2022 | worldforex
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GBP/USD Review, June 20-24, 2022
20 June 2022

 

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The currency pair attempted to develop its downtrend last week, but managed to gain its positions back. GBP/USD stays above 1.2108 currently. Fears about the global economy prevents GBP/USD from going upwards. FED decisions on monetary policy were predictable and prevented the currency pair from going downwards. We suppose the currency pair to test the descending trend line on daily chart.

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