GBP/USD Weekly Outlook

<p>GBP/USD&#8217;s decline accelerated to as low as 1.1409 last week, then formed a temporary low there and recovered. Initial bias remains neutral this week for consolidations first. But recovery should be limited by 1.2129 minor resistance to bring fall resumption. On the downside, break of 1.1409 will resume larger down trend. In the bigger picture, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/technical-outlook/gbpusd-outlook/281631-gbp-usd-weekly-outlook-159/">GBP/USD Weekly Outlook</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>