DAILY ANALYSIS & PREFFERED DIRECTION OF MAJORS :GBPUSD 10JUN
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In this series we provide daily overview of Major pairs and our preferred direction for day :
Price is still trending in ascending channel , with possibility of breaking below because of below expected GBP news , but technically we are still long in gbp since it is still above support area , Looking at chart we would be waiting for 1 hr or 4hr ( prefered) candle close , if it closes below channel line , then we will be waiting for bounce back from support for long opportunity.. In case of daily close below support we may consider short in this pair tomorrow..