GBP/USD Outlook

13 set 2023

GBPUSD has been on a downtrend since Q2 dropping from the 1.3 level all the way to 1.24 level, however it has not been able to break this level several times now there is major bullish pressure due to the strong rejection of the 1.243 level. We are now in between a range of key levels waiting for the levels to be tested and whichever one holds is the direction i expect a big move to.