Forecasts

GBP/USD Weekly Outlook



GBP/USD’s decline continued last week and hit as low as 1.3277. As a temporary low was formed, initial bias is neutral this week for consolidations first. Upside of recovery should be limited below 1.3512 resistance to bring another fall. Break of 1.3277 will resume the decline from 1.4248 to 1.3164 fibonacci level next. In the […]

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