GBP/USD Weekly Outlook

GBP/USD’s rally extended to 1.3594 last week and breached 1.3587 resistance. But a temporary top was formed with subsequent retreat. Initial bias remains neutral this week for consolidations. Downside of pullback should be contained above 1.3398 support. On the upside, break of 1.3594 will resume the rise from 1.3140 to retest 1.3787 high. In the […]
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