Daily Analysis 7/1/2022

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY GBP/USD

Support & Resistance: R1: 1.359
From the daily chart, the price has reached the resistance level of the downtrend channel, traders can trade short position here.

TRADING TIPS


Short Position

1.355

1.343

1.365