GBP/USD Weekly Outlook

GBP/USD’s decline from 1.3141 accelerated lower last week and there is no sign of bottoming yet. Initial bias stays on the downside for 1.2075 fibonacci level. On the upside, above 1.2369 minor resistance will turn intraday bias neutral and bring consolidations. But near term outlook will stay bearish as long as 1.2618 support turned resistance […]

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