Monday, 6 March 2017

GBPUSD Daily Analysis – March 7, 2017 Forex Analysis

GBPUSD remains in downtrend from 1.2569, the bounce from 1.2214 is likely consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hour chart. As long as the pair stays in the channel, the downtrend could be expected to continue, and next target would be at 1.2100 area. Key … Continue reading "GBPUSD Daily Analysis – March 7, 2017"

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