GBPUSD Weekly Forecast
Expect price to post a high of the week between Monday and Wednesday and then trade to the downside targeting the predicted week low before reversing back to the week close.
Price looks to establish a week high before moving down first. Either Monday or Tuesday looks likely to post week high before moving down.
Price looks to establish a week high before moving down first. Either Monday or Tuesday looks likely to post week high before moving down.
Note
GBPUSD has respected the predicted weekly ranges and traded to the low for the week. Expect a reversal to the close on Friday which has minimal news meaning low price volatility.
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