Technical Analysis of GBP/USD for July 8, 2020:

Technical Market Outlook: The GBP/USD bulls has almost hit the next target which was 61% Fibonacci retracement located at the level of 1.2597. After a underachieved rally, the market is now consolidating in a narrow range. Please notice, there is an important intraday technical resistance located just above 50% Fibonacci retracement at the level of […]