Get started
WorldForex_Eng

GBP/USD Review, December 14-18, 2020

British Pound / U.S. Dollar (OANDA:GBPUSD)  
WorldForex_Eng  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
0
0
trendanalysis
The currency pair still goes within the ascending channel and corrected last week. GBP/USD’s downtrend was caused by the worse NIESR GDP forecasts.
We expect the currency par to test 1.3267 again this week. If GBP/USD manages to break it out, it will stay within the ascending channel. Otherwise, there is a probability to test the lower side of the channel again.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.