GBPUSD Daily Analysis – June 27, 2014

GBPUSD is facing 1.7062 resistance, a break above this level will signal resumption of the uptrend from 1.6692, then next target would be at 1.7200 area. Key support is at 1.6921, only break below this level will indicate that the uptrend had completed at 1.7062 already, then deeper decline to 1.6750 area could be seen.

gbpusd chart