GBP/USD Weekly Outlook

GBP/USD Weekly Outlook

GBP/USD was bounded in range below 1.2826 last week despite some volatility. Initial bias remains neutral this week first. …

Feb 17, 2024

GBP/USD Weekly Outlook

GBP/USD rebounded after initial dip to 1.2517 last week, but upside was capped by 55 4H EMA. Initial bias remains neutral t…

Feb 10, 2024

GBP/USD Weekly Outlook

GBP/USD’s corrective pattern from 1.2826 continued last week. Initial bias stays neutral this week first. Deeper pull back …

Jan 20, 2024

GBP/USD Weekly Outlook

GBP/USD gyrated higher last week but upside is capped below 1.2826 resistance. Initial bias stays neutral this week first, …

Jan 13, 2024

GBP/USD Weekly Outlook

GBP/USD rebound strongly after drawing support from 1.2611 last week. Initial bias is now on the upside this week for retes…

Jan 7, 2024

GBP/USD Weekly Outlook

GBP/USD’s rise from 1.2036 resumed last week and edged higher to 1.2793. But with subsequent retreat, initial bias stays ne…

Dec 16, 2023

GBP/USD Weekly Outlook

GBP/USD’s decline last week suggests that a short term top was already formed at 1.2731. Initial bias remains on the downsi…

Dec 9, 2023

GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.2036 resumed last week and hit 1.2504. But subsequent retreat suggests that a temporary was formed…

Nov 18, 2023

GBP/USD Weekly Outlook

GBP/USD reversed after edging higher to 1.2426 last week. The development argues that corrective rebound from 1.2036 has co…

Nov 12, 2023

GBP/USD Weekly Outlook

GBP/USD extended the consolidation pattern from 1.2036 last week and outlook is unchanged. Initial bias remains neutral thi…

Oct 21, 2023

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