GBP/USD’s rebound from 1.2675 resumed last week and hit as high as 1.3313, but retreat from there. Initial bias is neutral this week first. Another rise is mildly in favor and break of 1.3313 will target a test on 1.3482 high. However, sustained break of 1.3106 will argue that the rebound from 1.2675 has completed.
The post GBP/USD Weekly Outlook appeared first on Action Forex.
GBP/USD’s rebound from 1.2675 resumed last week and hit as high as 1.3313, but retreat from there. Initial bias is neutral this week first. Another rise is mildly in favor and break of 1.3313 will target a test on 1.3482 high. However, sustained break of 1.3106 will argue that the rebound from 1.2675 has completed. […]
The post GBP/USD Weekly Outlook appeared first on Action Forex.