GBP/USD Weekly Outlook

GBP/USD edged lower to 1.3179 last week but recovered since then. Initial bias is turned neutral again this week. Below 1.3179 will extend the decline from 1.3675 to 1.3139 support next. However, considering bullish divergence condition in 4H MACD, firm break of 1.3310 will indicate short term bottoming, and turn bias back to the upside […]

The post GBP/USD Weekly Outlook appeared first on ActionForex.

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