Indicator analysis. Daily review on GBP / USD for June 4, 2020
Trend analysis (Fig. 1). Today, a downward pullback is possible from the level of 1.2575 (closing of yesterday’s candle) with the target of 1.2536 – a 14.6% pullback level (presented in a red dotted line). If this level is broken down, the downward trend may continue with the target of 1.2488 – a 23.6% retracement […]