Cannot launch or install app on ios Simulator , even after build and bundle success

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I have been using react-native-cli to create and test app on linux, But recently i switched to mac with High Sierra. I installed Xcode properly and its command line. and every thing as required to run a project on mac.

I create a new project using react-native init AwesomeProject and it was successfully created , but when i run react-native run-ios it compiles and bundle successfully and opens iOS simulator. But the app doesnot installs nor it launches on the simulator. I am sharing screenshot of what I get in terminal and Simulator. Please Help

ScreenShot of my terminal

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