GBP USD moving throw mid session lows
6/13/2017 8:15:39 PM
According to Forex market,the pound stays on the cautious during the first half of the week, now sending GBP/USD to the mid-1.2607s, close to recent several week lows.
As of writing the pair is losing 0.1% at 1.2649 and a failure of 1.2636 would open the door to 1.2623 and ultimately 1.2568. On the upside, the next hurdle align at 1.2776 followed by 1.2785 and then 1.2891.
FOREX market analysis by FxErvin.