GBPUSD is facing the resistance of the ascending trend line at around 1.2930 on its 4-hour chart. As long as the pair is below the trend line, the bounce from 1.2769 could be treated as consolidation of the downtrend from 1.3047, and another decline towards 1.2700 is still possible after the consolidation. Only a clear … Continue reading "GBPUSD Daily Analysis – June 2, 2017"
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