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GBP/USD Weekly Outlook

Analytic Dave

May 11, 2025

GBP/USD dipped to 1.3211 last week but quickly recovered. Initial bias is turned neutral this week first. Risk will stay mildly on the downside as long as 1.3442 short term top holds. Below 1.3211 will target 55 D EMA (now at 1.3058). In the bigger picture, price actions from 1.3433 are seen as a corrective […]

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

https://www.actionforex.com/technical-outlook/gbpusd-outlook/596606-gbp-usd-weekly-outlook-408/#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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