GBP/USD broke above the resistance level of 1.2539 and now it’s headed to reach the 1.2657 zone. If the pair manages to consolidate above that area, we could expect another bullish wave to reach the 1.2718 zone in the short-term. However, the risk to the downside remains alive and the 200 SMA ...
Continue reading Daily Analysis of GBP/USD for March 28, 2017 on Forex Alchemy.
This post first appeared on Forex Alchemy - Articles, Analysis, Strategies, Re, please read the originial post: here
