GBP/USD Weekly Outlook

GBP/USD’s extended rebound and firm break of 1.3363 support turned resistance last week suggests that correction from 1.3787 has completed with three waves down to 1.3140, after hitting 38.2% retracement of 1.2099 to 1.3787 at 1.3142. Initial bias remains on the upside for 1.3587 resistance first. Firm break there will pave the way to retest […]
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