GBPUSD is moving to new lows for the week and below the swing area, but seeing a rebound

The GBPUSD Read this term has moved lower this week, moving below the 50% midpoint of the move up from the June 29 low at 1.28658 in the process. Today, the price also moved below the key swing area between 1.28349 and 1.28486. After this break, the price moved down to 1.2816 before bouncing back […]