GBP/USD Weekly Outlook

GBP/USD rose to 1.2203 last week but turned sideway since then. Initial bias remains neutral this week first. Corrective pattern from 1.2445 could have completed with three waves to 1.1801 already. On the upside, above 1.2203 will resume the rally from 1.2445/6 resistance zone next. However, decisive break of 4 hour 55 EMA (now at […]

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