GBPUSD Analysis June 14, 2020
GBPUSD: On the monthly timeframe we are retesting a monthly level of resistance. Last week we closed with a spinning top at the resistance level. We could potentially be forming a lower high or find support and continue higher the the 200 day moving average. On the daily timeframe structure has broken bullish. Down to the H1 timeframe we are still very much in a downtrend structure. We will look to continue bearish endless we see a break of structure.
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