GBPUSD WEEKLY FORECAST 'UPDATE'
Here is the update on the GBP/USD trade I posted last week.
Price went into a mini range on the 4hour timeframe before breaking to the downside during the opening of the US session today. The strength of the US dollar continues and the GBP weakens at the beginning of the week. 1.37700 was the target on this trade and price has gone below as at time of publication. The next support is at 1.3700, which might provide further support for price as 1.37700 support level got broken.
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