As you can see in the picture, the price drop has stopped by touching the bottom of the ascending channel formed in the weekly
As mentioned in the GBPUSD Analysis of July 13, 2022, the price was in a downward phase, it managed to touch the level of 1.17638 and then was in an upward
Possibly, the continuation of the market trend will be determined after the release of the US consumer price index.
At 13:30 GMT, the US consumer price index will be released.
The European market began with a slight decline under the influence of the existing situation in the United States. In Europe, since the beginning of the war between Ukraine and Russia, we are still dealing with the crisis of gas shortage, and this issue also
Given the price fluctuation above the Ichimoku indicator and also along the uptrend line in the 4-hour chart of the Dollar Index, we expect the price to rise to the resistance level of
GBPUSD Medium Term Analysis July 12,
Long-Term Technical Analysis of Gold on Tuesday, July 12, 2022 is in daily and four hour time
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