🟩 GBP/USD
Move: GBP/USD looks set for a bullish bounce early next week.
Reason: Weakening USD, BoE staying firm, and better UK data could fuel the rise.
Outlook: Price may test short-term resistance before facing selling pressure.
Next Week: Expect an initial upside push as markets reprice rate expectations and dollar
weakens.
Move: GBP/USD looks set for a bullish bounce early next week.
Reason: Weakening USD, BoE staying firm, and better UK data could fuel the rise.
Outlook: Price may test short-term resistance before facing selling pressure.
Next Week: Expect an initial upside push as markets reprice rate expectations and dollar
weakens.
Related publications
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.
Related publications
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.