No changed in our view, GBPUSD remains in downtrend from 1.3047, the rise from 1.2769 could be treated as correction of the downtrend. Resistance is at the rising trend line on the 4-hour chart now at around 1.2940. As long as the pair is below the trend line, the downtrend could be expected to resume, … Continue reading "GBPUSD Daily Analysis – June 6, 2017"
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