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GBP/USD Weekly Outlook

Analytic Dave

Dec 9, 2024

GBP/USD’s rebound from 1.2486 extended higher last week but overall outlook is unchanged. While further rise cannot be ruled out, fall from 1.3433 is still expected to continue as long as 55 D EMA (now at 1.2846) holds. On the downside, below 1.2615 minor support will bring retest of 1.2486 first. Firm break there will […]

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

https://www.actionforex.com/technical-outlook/gbpusd-outlook/578719-gbp-usd-weekly-outlook-389/#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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