Technical Analysis of GBP/USD for 08/05/2020:
Technical Market Outlook: The GBP/USD pair has tested the technical support located at the level of 1.2297, made a low at the level of 1.2265 before the Pin Bar candlestick was made. The bounce from the support was shallow as the price has been capped again at the resistance located at the level of 1.2405. […]