GBP/USD. June 6th. The pound refuses to calm down
On the hourly chart, the GBP/USD pair returned to the resistance zone of 1.2788β1.2801 yesterday. Another reversal in favor of the dollar may occur around this zone, initiating a downtrend toward the support zone of 1.2690β1.2705. The decline is still very weak as the market awaits new data on the labor market and unemployment, which…