GBPUSD’s fall from 1.3029 extended to as low as 1.2830. Resistance is located at the descending trend line on its 4-hour chart. As long as the pair is below the trend line, the downward movement could be expected to continue and next target would be at 1.2750 area. On the upside, a clear break above … Continue reading "GBPUSD Daily Analysis – July 12, 2017"
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