GBP/USD analysis for June 04, 2020 – Watch for selling opportunities on the rallies. Downward target is set at 1.2500

Corona virus summary: Technical analysis: GBP/UDS has been trading supwards. The price tested the level of 1,2550. Anyway, I see potential for the downside rotation towards the supports at 1,2500, 1,2478 and 1,2425. Trading recommendation: Watch for potential selling opportunities on the rallies. The downward targets are set at the price of ,2500, 1,2478 and […]