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GBP/USD Analysis

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According to the an hourly report of GBP/USD of 23 July 2021 where the market price started from 1.37530 and after starting it goes up to 1.3755 that was huge uptrend but the market was not stable for long time it  again huge downtrends and it was 1.37485. However, the market lastly resistances at 1.37500, so there is a great chance to downtrend for next hour. 

 

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After analyzing of GBP/USD a day report of 23 July 2021 can be seen that it starts  from 1.7030 and it goes up 1.37960 and it was the peak within the day  but after fluctuations of the market it was huge down treated and it was 1.36840 that was the lowest market price  and finally the market resistance at 1.37600 so it may assumed that market price of the pair may uptrend for next days .

 

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