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GBP/USD Weekly Outlook

Analytic Dave

May 20, 2023

GBP/USD dropped to 1.2390 last week but recovered since then. Initial bias is neutral this week first, but further fall is expected as long as 1.2545 resistance holds. On the downside, sustained trading below 55 D EMA (now at 1.2392) should confirm that it’s already in correction to whole up trend form 1.0351. Deeper fall […]

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

https://www.actionforex.com/technical-outlook/gbpusd-outlook/502108-gbp-usd-weekly-outlook-313/#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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