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GBP/USD Weekly Outlook

Analytic Dave

Mar 11, 2023

Despite dipping to 1.1801, GBP/USD quickly quickly rebounded after drawing support from 1.1840. Initial bias stays mildly on the upside this week. Sustained trading above 55 day EMA (now at 1.2052) will argue that consolidation pattern from 1.2445 has complete. Further rally would be seen back to retesting 1.2445/6 resistance. Nevertheless, below 1.1937 minor support. […]

The post GBP/USD Weekly Outlook appeared first on Action Forex.

https://www.actionforex.com/technical-outlook/gbpusd-outlook/490545-gbp-usd-weekly-outlook-304/#respond

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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