WorldForex_Eng

GBP/USD Review, November 16-20, 2020

Long
SAXO:GBPUSD   British Pound / U.S. Dollar
The currency pair develops its global uptrend as it stays within an ascending channel. GBP/USD tested 1.3267 resistance level last week and attempted to plunge towards the lower side of the channel.
We recommend waiting for clarification this week as the currency pair is able to retest 1.3267 or start plunging targeting 1.2980.

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