GBP to USD:
Fed officials once again released hawkish news, once again said that there will be continued interest rate hikes, which will likely stimulate the dollar to rise.
GBP/USD D1 chart price has once again touched the upper resistance line, and the Fibonacci backtest shows that the price has touched the 0.618 level and encountered resistance. That is to say, there is still a high chance that the price will fall.
The H1 chart shows that the price has been blocked at the upper resistance level and the Fibonacci backtest price has hit the 0.618 level. There will be a good chance that the price will continue to fall and make new lows.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.