Sterling Snaps Six Week Rally- Cable Assist?
Sterling Technical Worth Outlook: GBP/USD Weekly Commerce Ranges
- Sterling technical commerce stage replace – Weekly Chart
- GBP/USD Breakout reverses sharply off uptrend resistance / multi-year highs
- Key resistance into the 1.43-handle – Assist 1.3743, constructive whereas above 1.3675
The British Pound snapped a six-week profitable streak final week with Sterling reversing sharply off technical uptrend resistance. The specter of a deeper correction throughout the broader uptrend looms whereas under the 1.40-handle. These are the up to date targets and invalidation ranges that matter on the GBP/USD weekly technical chart. Review my latest Strategy Webinar for an in-depth breakdown of this Cable commerce setup and extra.
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