GBPUSD is testing that support of the bottom of the ascending price channel on 4-hour chart and it is also facing the key support of 1.2831. A breakdown below 1.2831 key support will indicate that the upward movement from 1.2365 had completed at 1.2988 already, then the following pullback could bring price back to 1.2700 … Continue reading "GBPUSD Daily Analysis – May 12, 2017"
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