Indicator analysis. Daily review on GBP / USD for June 11, 2020
Trend analysis (Fig. 1). Today, a downward pullback is possible from the level of 1.2748 (closing of yesterday’s candle) with the target of 1.2640 – a 23.6% retracement level (red dotted line). In case of breaking this level downward, the downward movement will continue with the next target of 1.2532 – a 38.2% retracement level […]