GBPUSD’s fall from 1.3125 extended to as low as 1.2932. Deeper decline is still possible and the target would be at the bottom trend line of the price channel on the 4-hour chart. On the upside, as long as the channel support holds, the price action from 1.3029 could be treated as consolidation of the … Continue reading "GBPUSD Daily Analysis – July 21, 2017"
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