GBP/USD 1H If the EUR/USD currency pair continued its downward movement yesterday, then the GBP/USD currency pair stayed in one place almost the entire day - in the support area of 1.2403-1.2423, having failed to overcome it. Thus, a further hike down is delayed until the bears manage to overcome this area. The overall technical picture looks unambiguously in favor of sellers, since the price is below the Kijun-sen and Senkou Span B lines. However, a few days earlier, the pair's quotes also left the descending channel, which made market participants think about possibly forming an Upward Trend. The upward trend has not begun, but the general picture of the state of affairs has become confused. Yesterday, even quite strong macroeconomic statistics from overseas could not affect the pound/dollar. GBP/USD 15M The lowest linear regression channel turned sideways on the 15-minute timeframe, which, in principle, is not surprising, given that the whole pair was trading in a narrow price range. So far, there is no talk of an upward correction. Cot Report The latest COT report, which covers the dates June 10-16, shows that during this time period, professional market players were busy closing sales contracts. That...

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