GBP/USD Weekly Outlook

2:57 AM No Comments

GBP/USD dropped to 1.6692 last week and the developments suggests that fall from 1.6995 has resumed. More importantly, the break of medium term channel support argues that whole rise from 1.4813 has completed at 1.6995, ahead of 1.7043 key resistance, on bearish divergence condition in daily MACD. Initial bias is



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