GBP/USD Weekly Outlook

GBP/USD fall further to 1.2618 last week but recovered since then. Initial bias is neutral this week first. On the downside, below 1.2618, and sustained trading below 1.2678 resistance turned support will argue that it’s already in a larger correction. Deeper decline would then be seen to 1.2306 support next. Nevertheless, firm break of 1.2796 […]

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