GBPUSD - Weekly outlook
This pair could go either way for me.
Based on my analysis on AUDUSD, and the positive correlation with GBPUSD, i'd say we're in for more selling down to 1.4000 and 1.3500 before we see a true reversal.
Price action on the H4 is also bearish.
Paying close attention to the Daily Inside Bar and major news releases next week (first week in February).
Based on my analysis on AUDUSD, and the positive correlation with GBPUSD, i'd say we're in for more selling down to 1.4000 and 1.3500 before we see a true reversal.
Price action on the H4 is also bearish.
Paying close attention to the Daily Inside Bar and major news releases next week (first week in February).
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