GBPUSD remains in uptrend from 1.2365, the fall from 1.2988 is likely consolidation of the uptrend. Near term support is at the bottom of the rising price channel on 4-hour chart. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be at 1.3100 area. … Continue reading "GBPUSD Daily Analysis – May 11, 2017"
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