GBP/USD’s up trend continued to 1.3865 last week but retreated since then. Initial bias is neutral this week for consolidations first. In case of another fall, downside should be contained well above 1.3564 support to bring another rise. Break of 1.3865 will resume larger up trend from 1.1409 to 61.8% projection of 1.1409 to 1.3482
The post GBP/USD Weekly Outlook appeared first on Action Forex.
GBP/USD’s up trend continued to 1.3865 last week but retreated since then. Initial bias is neutral this week for consolidations first. In case of another fall, downside should be contained well above 1.3564 support to bring another rise. Break of 1.3865 will resume larger up trend from 1.1409 to 61.8% projection of 1.1409 to 1.3482 […]
The post GBP/USD Weekly Outlook appeared first on Action Forex.