Daily analysis of GBP/USD for June 08, 2017

GBP/USD is strengthening its bullish structure above the 200 SMA at H1 chart, but gains are being capped by the resistance zone of 1.2962. If a breakout happens over there, then we might expect further advances toward 1.3018 in a first degree, while a pullback should send the pair to test the 200 SMA and […]