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GBP/USD Weekly Outlook

Analytic Dave

Dec 16, 2023

GBP/USD’s rise from 1.2036 resumed last week and edged higher to 1.2793. But with subsequent retreat, initial bias stays neutral this week for consolidations first. Outlook will stay bullish as long as 1.2499 support holds. On the upside, break of 1.2793 will resume the rally to 61.8% projection of 1.2068 to 1.2731 from 1.2499 at […]

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

https://www.actionforex.com/technical-outlook/gbpusd-outlook/532107-gbp-usd-weekly-outlook-343/#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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