Daily analysis of GBP/USD for June 09, 2017

The pair remains supported by the 200 SMA at H1 chart amid geopolitical concerns and UK elections’ result, which could be very decisive for the future of Brexit negotiations. Once the resistance level of 1.2962 is broken, then we might expect a rally towards 1.3018, while a pullback and a break below 1.2892, can make […]