GBP/USD Trading Recommendations and Trade Review for July 11th

GBP/USD Trading Recommendations and Trade Review for July 11th
GBP/USD 5M Analysis
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GBP/USD 5M Analysis On Thursday, the GBP/USD currency pair continued its moderate decline. Over the past two weeks, the British pound has depreciated by 220 points, with approximately 150 of those losses occurring last Wednesday, when UK Chancellor Rachel Reeves became visibly emotional in Parliament. The U.S. dollar strengthened not due to strong Nonfarm Payrolls, low unemployment, or solid ISM business activity indices, but because the market interpreted Reeves' reaction as a sign of serious economic or
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