GBP/USD Weekly Outlook

GBP/USD fell to 1.3507 last week but recovered since then. Initial bias remains neutral this week first. Deeper fall cannot be ruled out, but downside should be contained by 55 D EMA (now at 1.3479) to complete the corrective pullback from 1.3867. On the upside, break of 1.3732 resistance will bring retest of 1.3867 high. […]
The post GBP/USD Weekly Outlook appeared first on ActionForex.