Gbp/usd analysis

On July 4,2021 the market analyzing 4 hours report of GBP/USD where the market price started from 1.38560 after few minutes the markets huge uptrend and it was 1.38800 and it was the highest market rate in the week. Whatever lastly the market resistance at 1.38660 so it is great chance to downtrend following days.

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According to the analyzing a monthly report of GBP/USD on June 2021, it can be seen that the market price started from 1.41980 and for few times the market price goes up but it was not stable it was 1.411010 and it was the highest within the month. Whereas the market was a huge downtrend and it was 1.37913 and finally the last hours of the month it resistance at 1.38310 so there can be assumed that market will uptrend.

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