GBP/USD Weekly Outlook

GBP/USD’s fall from 1.3141 continued last week. Initial bias stays on the downside this week for 100% projection of 1.3141 to 1.2618 from 1.2799 at 1.2276. On the upside, though, firm break of 1.2547 resistance will now indicate short term bottoming, and bring stronger rebound. In the bigger picture, fall from 1.3141 medium term top […]

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