Daily analysis of GBP/USD for July 10, 2017

The pair doesn’t have a clear direction in the short-term, despite it’s consolidating the price action below the 200 SMA at H1 chart. To the downside, all focus is pointing to the support zone of 1.2756, but we expect that a recovery takes place in order to re-test the psychological level of 1.3000. MACD indicator […]