GBPUSD’s bounce from 1.2769 extended to as high as 1.2949. However, the bounce would possibly be correction of the downtrend from 1.3047. As long as the pair is below the ascending trend line on its 4-hour chart, another fall is possible after the correction and next target would be at around 1.2600. Near term support … Continue reading "GBPUSD Daily Analysis – June 7, 2017"
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