GBP/USD gyrated lower to 1.2880 last wee but quickly recovered. Initial bias stays neutral this week first. On the downside, break of 1.2880 should turn intraday bias to the downside for retesting 1.2675, as well as 38.2% retracement of 1.1409 to 1.3482 at 1.2690. On the upside, however, break of 1.3175 will resume the rebound
The post GBP/USD Weekly Outlook appeared first on Action Forex.
GBP/USD gyrated lower to 1.2880 last wee but quickly recovered. Initial bias stays neutral this week first. On the downside, break of 1.2880 should turn intraday bias to the downside for retesting 1.2675, as well as 38.2% retracement of 1.1409 to 1.3482 at 1.2690. On the upside, however, break of 1.3175 will resume the rebound […]
The post GBP/USD Weekly Outlook appeared first on Action Forex.