GBP/USD rose further to as high as 1.4240 last week but retreated since then. Initial bias stays neutral this week for more consolidations first. Further rally is expected as long as 1.3828 support holds. Break of 1.4240 will extend the up trend from 1.1409 to 1.4376 long term resistance and then 100% projection of 1.1409
The post GBP/USD Weekly Outlook appeared first on Action Forex.
GBP/USD rose further to as high as 1.4240 last week but retreated since then. Initial bias stays neutral this week for more consolidations first. Further rally is expected as long as 1.3828 support holds. Break of 1.4240 will extend the up trend from 1.1409 to 1.4376 long term resistance and then 100% projection of 1.1409 […]
The post GBP/USD Weekly Outlook appeared first on Action Forex.