Analysis of GBP/USD for June 07, 2017

Recently, the USD/JPY pair has been trading downwards. The price tested the level of 109.12. Anyway, according to the 30M time frame, I found a fake breakout of the yesterday’s low, which is a sign of strength. My advice is to watch for potential buying opportuntiies. The upward targets are set at 109.70 and 109.90. […]