GBPUSD Daily Analysis – June 10, 2014

GBPUSD remains in uptrend from 1.6692. Further rise could be expected after a minor consolidation, and next target would be at 1.6900 – 1.6950 area. Support is at 1.6735, only break below this level will indicate that the longer term downtrend from 1.6996 has resumed, then the following downward movement could bring price to 1.6600.

gbpusd chart