GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.3008 resumed last week but retreated after hitting 1.3384. Initial bias remains neutral this week for some consolidations. But further rally is expected as 1.3178 support holds. Current development suggests that fall from 1.3787 has completed as a three-wave correction to 1..3008. Above 13384 will target 1.3470 resistance. Decisive break there will […]
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