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GBPUSD






6/6/2017 2:59:36 AM

GBPUSD - Technical Analysis: Tuesday, 06/06/2017 06:59 GMT



The GBPUSD pair showed positive trades yesterday to return to the minor ascending channel again, which pushes the price for more rise in the coming period, stopping the possibility of heading towards 1.2706 mentioned in our previous reports.

Thus, the bullish trend will return to dominate the intraday trades unless breaking 1.2885 level and settling below it, waiting to visit 1.3077 then 1.3200 levels mainly.


Target
Risk


Support
Resistance


Trend Bullish

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