GBPUSD Technical Update – Week Of June 3rd

Our previous technical update highlighted the GBPUSD test of range support lows above the key 1.5000 handle round number. We noted that last time price hit this demand area there was a 130+ pip bounce higher for cable. The two prior attempts to break 1.5000 likewise resulted in a strong upside…

Originally posted here:
GBPUSD Technical Update – Week Of June 3rd

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