GBP/USD Review, June 1-5, 2020 | worldforex
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GBP/USD Review, June 1-5, 2020
01 June 2020

The currency pair has tested 1.2372 resistance area. British Pound has received support from positive factors, which we have described in our EUR/USD review.

As for the forecasts, if the currency pair breaks out 1.2372, GBP/USD will be able to develop its growth towards 1.2677. Otherwise, the currency pair is going to target 1.2108.

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