GBPUSD failed to break above 12817 resistance and stays in the trading range between 1.2634 and 1.2817. As long as 1.2817 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 1.3047 and further decline to 1.2500 area is still possible after the consolidation. Key resistance is … Continue reading "GBPUSD Daily Analysis – June 20, 2017"
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