GBP/USD rose further to 1.3539 last week and breach of 1.3482 resistance suggest resumption of rise from 1.1409. Further rise is expected as long as 1.3283 support holds. Next target is 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956. On the downside, however, break of 1.3283 will indicate short term topping and turn
The post GBP/USD Weekly Outlook appeared first on Action Forex.
GBP/USD rose further to 1.3539 last week and breach of 1.3482 resistance suggest resumption of rise from 1.1409. Further rise is expected as long as 1.3283 support holds. Next target is 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956. On the downside, however, break of 1.3283 will indicate short term topping and turn […]
The post GBP/USD Weekly Outlook appeared first on Action Forex.