GBPUSD remains in downtrend from 1.3047, the rise from 1.2589 is likely consolidation of the downtrend. Near term resistance is at the falling trend line on its 4-hour chart. As long as the pair is below the trend line, the downtrend could be expected to continue and next target would be at 1.2450 area. Key … Continue reading "GBPUSD Daily Analysis – June 23, 2017"
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