GBP/USD Weekly Outlook

GBP/USD reversed after edging higher to 1.2426 last week. The development argues that corrective rebound from 1.2036 has completed with three waves to 1.2426. Initial bias is mildly on the downside this week for retesting 1.2036/68 support zone next. Firm break there will resume larger down trend from 1.3141. On the upside, above 1.2307 minor […]

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