Dion-FX

GBPUSD END-WEEK ANALYSIS-UPDATE 24/09/2023

Short
Dion-FX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD: Navigating Forex's Ebb and Flow - A Close Eye on DXY

GBP/USD has been a rollercoaster lately, with our earlier anticipation of a recovery proving accurate. Yet, in the ever-changing forex landscape, we must prepare for the next chapter.

Now, I'm keeping a watchful eye on a potential downturn for GBP/USD, in response to a stronger US dollar. A crucial note: this scenario hinges on the DXY maintaining its price above 105.864. Join me in this forex adventure as we navigate market fluctuations. Stay tuned for the upcoming developments! 📉📈 #GBPUSDAnalysis #MarketDynamics #TradingView
Comment:
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