GBPUSD stays below a downward trend line on its 4-hour chart, indicating that the pair remains in the downtrend from 1.3047. As long as the pair is below the trend line, the downtrend could be expected to continue and further decline to 1.2500 area is possible. Key resistance is now at 1.2817, only break above … Continue reading "GBPUSD Daily Analysis – June 22, 2017"
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