GBPUSD extended its downside movement to as low as 1.2831, facing the support at 1.2811. Near term resistance is at the top trend line of the price channel on its 4-hour chart, followed by 1.2915. As long as the channel resistance holds, the downside movement from 1.3267 could be expected to continue and next target … Continue reading "GBPUSD Daily Analysis – August 21, 2017"
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