Technical Analysis of GBP/USD for June 16, 2020:
Technical Market Outlook: After the overbalance was completed and GBP/USD has moved even lower to hit the level of 1.2466, the bulls decided to enter the market and push the price higher. As a result of their efforts, the price moved towards the 61% Fibonacci retracement located at the level of 1.2674 and is trading […]