GBP/USD Weekly Outlook



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 […]

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