Chart of The Day $GBPUSD 11-07-2016

On the GBPUSD daily chart we can see a retrace after the breaking of rectangle bottom. Support for the upside is 1.2350-1.2400 zone if the pair doesn’t reverse higher before that. Target level after rectangle break is 1.2750 at least.

Happy trading! (click on the chart to enlarge it)


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