GBPUSD continued its downward movement from 1.2569 and the fall extended to as low as 1.2169. Near term resistance is at the descend price channel on 4-hours chart. As long as the pair stays in the channel, the downtrend could be expected to continue, and next target would be at 1.2000 area. Key resistance is … Continue reading "GBPUSD Daily Analysis – March 8, 2017"
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