Forecasts

GBP/USD Weekly Outlook



GBP/USD’s fall from 1.2892 accelerated lower last week, despite interim rebound. Initial bias stays on the downside this week for 1.2517 support. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish On the upside, above 1.2674 minor resistance will turn intraday bias neutral first. […]

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