GBPUSD Technical Update – June 13th

Cable is trading just under the confluence area comprised of a 61.8% Fibonacci retrace and FE100 expansion and has hit a high of 1.5736 intra-day. This FE100 area is also a potential “D” from an ABCD pattern as highlighted on the D1 GBPUSD chart below. The pound/dollar pair has covered 93 pips tod…

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GBPUSD Technical Update – June 13th – Pound Dollar Analysis

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