GBP/USD Weekly Outlook

GBP/USD’s fall from 1.3867 extended lower last week but recovered after hitting 1.3432. Initial bias remains neutral this week first. Current development argues that it’s already correcting the whole rise from 1.2099. Risk will stay on the downside as long as 1.3711 resistance holds. Below 1.3432 will target 1.3342 support first. Firm break there will […]
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