eee_traders
Long

GBPUSD Trading Forecast for June 6, 2016

FX:GBPUSD   British Pound / U.S. Dollar
As stated in the last analysis, we anticipated GBPUSD             to temporarily correct upwards 1.4509-1.4554 and price did hit the target, making new highs at 1.4580.
However, a gap is visible from 4 hours time frame to lower period. Hence, we believe that cable is soon to resume its downward trend which may temporarily go down at around 1.4170-1.4180.
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