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Trading Recommendations and Analysis for GBP/USD on June 25. The Pound Continues to Slide Down
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair resumed its downward movement on Wednesday. Discussing the reasons for the new decline of the British pound is meaningless, as there are none. The decline has been occurring almost daily, even when there are no significant events or reports. Therefore, while it was still possible to assume a negative market reaction to the UK business activity indices on Tuesday, that excuse was no longer valid on Wednesday. It cannot
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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