Day-to-day analysis of GBP/USD for June 16, 2017 888011000 110888 After having a volatile day due to the BOE’s rate choice, GBP/USD started to look for hints in order to enhance the bearish bias that is being held considering that the UK elections’ results. The support zone of 1.2741 is still the line in the sand for sellers, where a. breakout should unlock to test the 1.2660 level throughout the. board. H1 chart’s resistance. levels: 1.2826/ 1.2880 H1 chart’s support levels:. 1.2741/ 1.2660 Trading recommendations for today: Based on the H1 chart,. If the GBP/USD pair breaks a bearish, sell( short )orders only. candlestick; the assistance level is at 1.2741, take revenue is at 1.2660. and stop loss is at 1.2823. The product has been supplied by InstaForex Business – www.instaforex.com

By | June 15, 2017

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