GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.2036 extended higher last week but was rejected by near term falling channel resistance, and fell notably since then. Initial bias remains on the downside this week for retesting 1.2036. Firm break will resume whole decline from 1.3141 for 1.1801 support next. On the upside, above 1.2224 minor resistance will turn intraday […]

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