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Trading Recommendations and Trade Analysis for GBP/USD on June 2. British Pound Fails to Break the Ceiling Again
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair also moved lower on Monday, but the decline was short-lived, with the British pound returning to its initial levels by evening. Once again, traders failed to break through the area of 1.3465-1.3480 in conjunction with the Senkou Span B line. Thus, the pound has, on one hand, started a downward trend, but on the other hand, remains in a sideways channel of 1.3377-1.3480, and on a third note, cannot
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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