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Finance Source: Actionforex.com

GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.1958 extended to 1.2582 last week but continued to lost upside moment, as seen in 4 hour MACD. Initial bias remains neutral this week first. On the upside, sustained break of 38.2% retracement of 1.3381 to 1.1958 at 1.2502 will pave the way to 61.8% retracement at 1.2837. However, break of 1.2309 […] The post... go to Article >

GBP/USD Weekly Outlook

3 Days ago Finance Source: Actionforex.com

GBP/USD surged to as high as 1.2707 last week as rise from 1.1958 resumed. The development further affirmed the case of medium term bottoming at 1.1958. Initial bias stays on the upside this week for 100% projection of 1.1958 to 1.2582 from... read more

GBP/JPY Weekly Outlook

3 Days ago Finance Source: Actionforex.com

GBP/JPY’s rebound from 126.54 resumed last week and accelerated to as high as 137.89. Current development argues that such rise is the third leg of a long term consolidation pattern. Initial bias stays on the upside this week for 61.8%... read more

GBP/USD Mid-Day Outlook

7 Days ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2175; (P) 1.2239; (R1) 1.2283; More…. No change in GBP/USD’s outlook and intraday bias remains on the downside. Corrective rebound from 1.1958 should have completed at 1.2582. Fall from 1.2582 should extend lower to retest... read more

GBP/USD Mid-Day Outlook

1 Day ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2527; (P) 1.2589; (R1) 1.2661; More…. GBP/USD is staying in consolidation from 1.2707 temporary top and intraday bias remains neutral. Another retreat cannot be ruled out. But downside should be contained well above 1.2195... read more

GBP/USD Daily Outlook

1 Day ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2527; (P) 1.2589; (R1) 1.2661; More…. Intraday bias in GBP/USD remains neutral for consolidation below 1.2707 temporary top. Downside of retreat should be contained well above 1.2195 support to bring another rally. On the... read more

GBP/USD Mid-Day Outlook

2 Days ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2481; (P) 1.2593; (R1) 1.2763; More…. A temporary top is formed a 1.2707 in GBP/USD with today’s retreat. Intraday bias is turned neutral for some consolidations. But downside of retreat should be contained well above 1.2195... read more

GBP/USD Daily Outlook

2 Days ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2481; (P) 1.2593; (R1) 1.2763; More…. Intraday bias in GBP/USD remains on the upside at this point. Rise from 1.1958 is in progress for 100% projection of 1.1958 to 1.2582 from 1.2195 at 1.2819. Break will target 161.8%... read more

GBP/USD Mid-Day Outlook

5 Days ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2274; (P) 1.2372; (R1) 1.2538; More…. GBP/USD surges to as high as 1.2684 and strong break of 1.2582 resistance confirms resumption of rebound from 1.1958 low. Intraday bias stays on the upside for 100% projection of 1.1958... read more

GBP/USD Daily Outlook

5 Days ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2274; (P) 1.2372; (R1) 1.2538; More…. GBP/USD’s strong rebound and break of 1.2413 resistance suggests pull back from 1.2582 has completed at 1.2195 already. Intraday bias is back on the upside for 1.2582 resistance. Break... read more

GBP/USD Mid-Day Outlook

6 Days ago Finance Source: Actionforex.com

Daily Pivots: (S1) 1.2171; (P) 1.2231; (R1) 1.2264; More…. Intraday bias in GBP/USD remains neutral first. But further decline is expected as long as 1.2413 resistance holds. Corrective rebound from 1.1958 should have completed at 1.2582. Fall... read more