GBP/USD price movement, June 30, 2020


On the 4-hour chart, we can see that GBP/USD formed the divergence between the price from the Cable with the Stochastic Oscillator. It means that soon GBP/USD will resume its bullish momentum with the Daily BUY Side Liquidity Pool at 1.2542 as uts target. This scenario is likely to occur if the pair does not drop and close bellow the 1.2251 level


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