GBP/USD Weekly Outlook - ActionForex

GBP/USD Weekly Outlook – ActionForex

GBP/USD stayed in range trading above 1.3473 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, sustained break of 55 D EMA (now at 1.3484) will indicate that whole rebound from 1.3139 has completed. Deeper fall should be seen to 1.3272 support first. On the upside, break of…

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EUR/USD Weekly Outlook - ActionForex

EUR/USD Weekly Outlook – ActionForex

EUR/USD stayed in sideway trading above 1.1565 last week and outlook is unchanged. Initial bias stays neutral this week first. On the downside, sustained break of 55 D EMA (now at 1.1565)s will argue that rebound from 1.1323 has completed as a three wave corrective move, and bring deeper fall to retest this low. Meanwhile,…

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