GBP/USD Weekly Update (11 July 2017) *Leaning toward BEAR

11 Jul 2017

Price Action: Slight Bearish (Weekly)
Levels To Watch: 1.284 is supported, 1.305 is BIG resistant.

I am Slightly Bearish. There shall be bearish carryover. It can go to 1.284 level easily. The next support level will be 1.279. You can try to look for possible reversal from these levels.
Please take note that we have Yellen’s appearance in mid and later week.

Support 1.2860, 1.279, 1.27, 1.268 and Resistance level 1.297, 1.302, 1.305, 1.32

News: Wednesday, Thursday, and Friday


Trade Safe,

S0nic