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GBP/USD Weekly Outlook

Analytic Dave

Aug 12, 2023

GBP/USD’s recovery last week was slightly stronger than expected, but it eventually settled back in established range. Initial bias stays neutral this week. 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. […]

The post GBP/USD Weekly Outlook appeared first on Action Forex.

https://www.actionforex.com/technical-outlook/gbpusd-outlook/514021-gbp-usd-weekly-outlook-325/#respond

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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