Daily analysis of GBP/USD for November 06, 2017

The pair has started the week with a consolidation above the support zone of 1.3037, at which could gather momentum in order to extend the recovery towards the 200 SMA at H1 chart. However, we’re expecting that support zone of 1.3037 gives up to allow a leg lower to test the 1.2880 level. MACD indicator […]