GBP/USD Weekly Outlook

GBP/USD failed to break through 1.3702 resistance decisively last week and retreated. Initial bias remains neutral this week first. Further rise is in favor with 1.3428 support intact. On the upside, firm break of 1.3702 will resume larger up rise form 1.1409 to 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956. However, break
The post GBP/USD Weekly Outlook appeared first on Action Forex.

GBP/USD failed to break through 1.3702 resistance decisively last week and retreated. Initial bias remains neutral this week first. Further rise is in favor with 1.3428 support intact. On the upside, firm break of 1.3702 will resume larger up rise form 1.1409 to 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956. However, break […]

The post GBP/USD Weekly Outlook appeared first on Action Forex.

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