Technical analysis
GBP/USD – Smart Money Analysis: Further Gains Remain Possible for the British Pound
GBP/USD posted strong gains last week,
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03.08.2026 07:35 PM
GBP/USD posted strong gains last week, fully in line with the prevailing fundamental backdrop. It can therefore be said that the bulls launched a fresh advance at the end of June, followed by a typical corrective pullback, and are now attempting to resume the uptrend. Bearish Imbalance 24 was breached without triggering any meaningful price reaction. As a result, it can now be regarded as an inverted imbalance. A reaction to this pattern came from above on Friday, indicating that
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