GBPUSD stays in the triangle pattern on 4-hour chart. As long as 1.2418 key support holds, the price action in the triangle pattern could be treated as consolidation of the uptrend from 1.2109, and further rise to 1.2650 area is still possible after the consolidation. Key resistance is at 1.2557, a break of this level … Continue reading "GBPUSD Daily Analysis – April 7, 2017"
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